5020 Franklin Rd Meridian, ID 83642
- Commercial real estate
- 8.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5020 Franklin Rd
- Lot size
- 8.46 lot acres
- Property type
- Commercial real estate
- APN
- S1209449321
Description
This exceptional 8.46-acre industrial land parcel, located at 5020 W Franklin Road in Meridian, Idaho (Ada County, zip code 83642), presents a compelling investment opportunity. The property boasts a RUT zoning designation and is situated within an Employment Low Density/Light Industrial area as per the Comprehensive Plan. While currently under county jurisdiction, a cost-effective path to annexation into city limits is readily available. The site offers significant advantages, including readily accessible sewer and water utilities. Its strategic location provides convenient access to the Ten Mile interchange and the Highway 16 extension, ensuring excellent connectivity and logistical efficiency. An artesian well is already on-site, further enhancing the property's value and operational potential. Adding to its appeal, an adjacent 5.22-acre parcel is also available for purchase, offering potential for expansion or consolidation. The property's APN is S1209449321, and the asking price is $3,132,395. This is a rare opportunity to acquire a well-positioned industrial land parcel in a thriving Meridian location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Ada
- State
- Idaho
- Longitude
- -116.4564018
- Latitude
- 43.6051625
