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Property profile & analytics
OFF-MARKET
Commercial real estate

4855 Cortona Way Meridian, ID 83646

0.96 ac lot
Property ID
US27-0145237
Property summary
AI-generated overview

This exceptional commercial land offering presents a rare opportunity in Meridian, Idaho. Encompassing two parcels totaling 1.94 acres (0.96 and 0.98 acres), this property is zoned C-G (General Commercial) and boasts a prime location at 4855 N Cortona Way, 83646, with excellent visibility and access from Ten Mile and McMillan Roads. The site is ideally suited for build-to-suit projects ranging from 1,500 to 10,000 square feet, catering to a variety of commercial uses including retail, drive-thru restaurants, and office spaces. All utilities are available on-site. This high-traffic area sees an average daily traffic count of 13,000 vehicles on McMillan Road, ensuring significant exposure for your business. The property's strategic location is further enhanced by its proximity to established businesses such as Jacksons Gas & C-Store, Mister Car Wash, and numerous restaurants and retail establishments, as well as new residential developments. Parcel numbers are R9010680121 & R9010680131. Ground lease options are available. This is a truly exceptional opportunity to capitalize on Meridian's robust growth and thriving commercial market. The property is situated near a new Costco and WinCo Foods, further solidifying its strategic location within a rapidly expanding area. This location offers unparalleled potential for significant return on investment.

Property profile
Verified
Property type Commercial real estate
Lot 0.96 ac (41,818 SF)
APN R9010680121 & R9010680131
UPID US27-0145237
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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