Property profile

3147 Belltower Dr Meridian, ID 83646

OFF-MARKET
Office Spaces
Property ID
US27-0232769
69,216 SF 1.59 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 3147 W Belltower Dr in Meridian, Idaho, presents a unique investment opportunity. The 1.589-acre lot boasts 69,216 square feet and is zoned L-O, offering flexibility for various uses. Currently vacant, the property is fully entitled and shovel-ready, including a complete set of approved building plans valued at over $250,000. These plans detail a two-story, 20,345 square foot office building, ideal for professional or medical office space. The property benefits from high visibility with Ten Mile frontage and is situated in a rapidly growing area of the Treasure Valley, surrounded by strong demographics. An adjacent lot to the south has been subdivided into four additional office lots, indicating strong market demand. This Class A property offers significant potential for immediate development or as a long-term investment. The asking price is $1,320,000. This is an exceptional opportunity to acquire a fully entitled, ready-to-build commercial property in a prime Meridian location. Don't miss this chance to capitalize on the thriving Treasure Valley market.

Property profile

Verified
Property type Office Spaces
Total area 69,216 SF
Lot 1.59 ac (69,217 SF)
UPID US27-0232769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3147 Belltower Dr Meridian, ID 83646
Meridian metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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