2948 Meridian Rd Meridian, ID 83642
This exceptional 8,200-square-foot single-tenant building is ideally situated in Meridian, Idaho, at 2948 S Meridian Rd, conveniently located off the signalized intersection of Meridian Road and Victory. The property is classified as both retail and office space, currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire building. The building's versatile layout is well-suited for a variety of medical office uses, as well as restaurant concepts, given its dual subtype classification. Ample parking is available with 36 spaces provided for tenants and visitors. The property is situated in Ada County, Idaho, and boasts a convenient Meridian address with easy access to major roadways. The zip code is 83642. This fully vacant space offers a blank canvas for a business seeking a prominent location with high visibility and substantial square footage. The building's size allows for customization and expansion to meet specific business needs. This is a rare opportunity to secure a substantial, well-located property in a thriving area of Meridian. The property's single-tenant occupancy offers streamlined management and control. The building's size ranges from 1,000 to 8,200 square feet, providing flexibility for various business models.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.