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Property profile & analytics
OFF-MARKET
Warehouses

335 Locust Grove Rd Meridian, ID 83642

69,565 SF 3.95 ac lot Built 2024
Individually Owned
Property ID
US27-0129276
Property summary
AI-generated overview

This exceptional Class A industrial warehouse, built in 2024, presents a significant investment opportunity in Meridian, Idaho. Located at 335 S Locust Grove Rd, this property boasts 69,565 square feet on a 3.95-acre lot, offering excellent visibility on a busy thoroughfare. The warehouse features a 14-26 foot ceiling height, one loading dock with one dock-high door, and three additional grade-level doors (20'W x 14'H each), ensuring efficient loading and unloading. Ample parking is provided with 50 spaces. The property includes approximately 6,500 square feet of Class A office space, complemented by 7,300 square feet of covered area. Office space comprises ten standard offices, an executive office, a conference room, a copy room, and two kitchenettes. The warehouse benefits from 400 AMP 3-phase power. Its strategic location within two miles of I-84 highway access (Meridian/Kuna & Eagle Road exits) provides convenient access to major transportation routes. The property is situated near significant retail anchors including Amazon, Lowe's, Home Depot, and Winco, enhancing its appeal and potential. The property is zoned for both industrial and commercial use, offering flexibility for a variety of businesses. The asking price is $17,500,000. APN: S1118110071

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 69,565 SF
Lot 3.95 ac (172,062 SF)
UPID US27-0129276
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joint School District No 2
Joint School District No 2
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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