3147 Belltower Dr, Meridian, ID 83646
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.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.