2910 E Victory Rd Meridian, ID 83642
- Commercial real estate
- 2,742 SF
- 1.99 lot acres
Current Use by Public Records
- Lina Lou’s Farm Rescue, Inc. / Non-Profit Organization
Property Details for 2910 E Victory Rd
- Year built
- 1970
- Lot size
- 1.99 lot acres
- Property size
- 2,742 SF
- Property type
- Commercial real estate
Description
This exceptional 1.99-acre property in Meridian, Idaho, presents a unique investment opportunity. Boasting 2,742 square feet of living space, the main house features recent upgrades including solar panels, a new AC unit, and attractive bamboo flooring. A significant advantage is the absence of CC&Rs or HOA restrictions, offering flexibility for various uses. The property's dual zoning (Commercial/Residential) opens doors for diverse development possibilities. Beyond the main residence, a substantial 0.5-acre storage area and a 1-acre pasture with a newly installed irrigation pump and sprinkler system provide ample space for various uses, including equestrian activities. An RV pad complete with septic and electrical hookups adds further convenience. Adding to the income potential is a fully self-contained, below-grade living space featuring two bedrooms, a full kitchen, a full bathroom, and a separate entrance. This space is ideal for a mother-in-law suite or as a rental unit, generating additional revenue streams. The property's prime location offers easy access to all that Meridian has to offer, making it an attractive proposition for both business and residential purposes. This versatile property is priced at $1,200,000 and represents a rare blend of commercial and residential potential in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.3582
- Latitude
- 43.57625