Property profile

5020 W Franklin Rd Meridian, ID 83642

FOR SALE
Industrial land
Property ID
US27-0926732
1 SF
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Property summary

AI-generated overview

Welcome to 5020 W Franklin Rd, Meridian, ID, 83642 - an opportunity not to be missed for Land / Industrial investors. This 1 SF building hosts an impressive feature - an Artesian Well On Site, providing a reliable water source with exceptional specifications: a steady flow of 500 gallons per minute, water temperature of 55°F, and positive pressure. Strategically situated close to the Highway 16 extension and the Ten Mile interchange, this property offers seamless access, ensuring convenience for industrial operations. With its prime location and exceptional features, this property presents a compelling investment opportunity for those seeking to establish a valuable industrial presence. West of Black Cat, just East of the Future Hwy-16 Interchange

Property profile

Verified
Property type Industrial land
Total area 1 SF
UPID US27-0926732

Cap rate & NOI

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

Location

5020 W Franklin Rd Meridian, ID 83642
Meridian metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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