6280 N Black Cat Rd Meridian, ID 83646
This exceptional 2.47-acre commercial land parcel presents a remarkable investment opportunity in Meridian, Idaho. Strategically located at the southeast corner of Highway 20/26 (Chinden Boulevard) and North Black Cat Road, this property benefits from a high-visibility location at a lighted intersection. Boasting impressive daily traffic counts of 31,490 vehicles on Chinden Boulevard and 5,259 on Black Cat Road, this site ensures maximum exposure for any development. The property is conveniently situated just one mile west of Costco and one mile east of the future Highway 16, placing it within a rapidly growing area. Utilities are readily available, with sewer and water already connected to the site. Zoned L-O, this versatile parcel allows for a wide range of potential uses, including but not limited to: churches, daycares, financial institutions, parking facilities, laundromats, schools, restaurants, healthcare or social service facilities, hospitals, parks, professional service businesses, and vertically integrated residential projects. The APN is R7330160012. The asking price for this prime commercial land is $1,613,898. Don't miss this chance to acquire a highly desirable property in a thriving Idaho market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.