4855 Cortona Way Meridian, ID 83646
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.