Property summary
This exceptional 4.38-acre parcel in Meridian, Idaho, presents a remarkable commercial and residential development opportunity. Strategically located on Ustick Rd near the proposed Highway 16 extension, this property boasts significant advantages. The land is currently zoned RUT, but applications are pending with the City of Meridian for annexation, zoning changes, a preliminary plat, and conditional use permits encompassing R-40, R-15, and C-G zones. The preliminary plat anticipates subdividing the land into individual lots, with a focus on townhomes (R-15) at the intersection of McDermott and Ustick Roads. A potential Comprehensive Plan Amendment aims to shift the land designation from Mixed Use-Regional to Mixed Use-Interchange, further enhancing development potential. The property's western side, situated beyond Highway 16, is slated for C-G zoning along Ustick and Owyhee, while R-40 zoning is planned behind commercial properties near Owyhee High School. Existing infrastructure includes Meridian City Water access on Ustick Road, extending westward to the high school. Sewer lines are located approximately a quarter-mile north on McDermott Road, offering ample capacity for future expansion. The property currently features a 2,980-square-foot home, several outbuildings, an artesian well, and pastureland. Adjacent to the property, a 40-acre parcel has been acquired for the McDermott Village Subdivision, indicating strong surrounding development. This prime location, coupled with the pending zoning changes and infrastructure, makes this a highly attractive investment for discerning developers. The asking price is $1,800,000.
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