3042 Milano Dr Meridian, ID 83646
This exceptional 1.01-acre commercial lot presents a unique investment opportunity in the thriving North Meridian area of Ada County, Idaho. Located at 3042 Milano Drive, zip code 83646, this property boasts a highly desirable L-O (Limited Office) zoning designation, opening doors to a variety of commercial and office uses. The land is priced at $659,934, translating to $15 per square foot. Its strategic location within a rapidly expanding area offers significant growth potential. The surrounding area showcases strong retail synergy, with nearby establishments including a Walmart Supercenter, St. Luke's Clinic, Broken Yolk, Sweeto Burrito, and soon-to-open Costco and Winco. This prime location benefits from exceptional demographics, featuring strong household incomes averaging over $180,000. The property's accessibility and proximity to established businesses make it an ideal site for a variety of commercial ventures. This is a rare chance to acquire a well-situated commercial lot in one of Idaho's most dynamic and prosperous communities. Don't miss this opportunity to capitalize on the growth and potential of North Meridian.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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