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Property profile

3269 Louise Dr Meridian, ID 83642

OFF-MARKET
Land
Property ID
US27-0140674
0.94 ac lot

Property summary

AI-generated overview

This exceptional 0.943-acre commercial land parcel in Meridian, Idaho, presents a unique investment opportunity. Located at 3269 E. Louise Drive (APN R3037470050), this property boasts a highly desirable C-G (General Retail & Service Commercial) zoning designation. The asking price is $675,000, translating to $18 per square foot. Its strategic location offers unparalleled visibility and accessibility. Situated on a major corridor with over 67,000 vehicles passing daily, the property benefits from excellent Eagle Road exposure and is conveniently positioned between two signalized intersections. This prime location places it in close proximity to significant landmarks, including St. Luke's largest campus in the state, Blue Cross of Idaho, Meridian Crossroads, Scentsy, and The Village at Meridian. Permitted uses include financial institutions, medical office clinics (excluding emergency or urgent care), and general office spaces. Any other use requires prior written consent from the Declarant. The property's proximity to I-84 further enhances its appeal and accessibility. This is an exceptional opportunity to acquire a highly visible and strategically located commercial lot in a thriving Meridian, Idaho market. Don't miss this chance to secure a prime piece of real estate in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 0.94 ac (41,077 SF)
UPID US27-0140674

Cap rate & NOI

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

Value estimations

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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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