701 Central Dr, Meridian, ID 83642
This exceptional 1.35-acre commercial land parcel presents a unique investment opportunity in Meridian, Idaho's thriving commercial district. Located at 701 E. Central Drive, this property is zoned C-G General Retail and Service Commercial District, offering significant flexibility for development. The asking price is $573,000, translating to a land value of $9.77 per square foot. This prime location boasts easy access to Interstate 84, ensuring high visibility and convenient access for customers and employees. The site is situated within Meridian's opportunity zone, potentially offering attractive tax benefits for investors. This is one of the last remaining undeveloped pad sites along Meridian's main commercial corridor, surrounded by a diverse mix of established businesses, including professional offices, retail establishments, government buildings, and educational institutions. This strategic location ensures high traffic volume and strong potential for future growth. The property's 1.35-acre size provides ample space for a variety of commercial developments, making it an attractive proposition for businesses seeking a prominent presence in this dynamic market. The Ada County location and 83642 zip code further enhance its appeal. Don't miss this chance to acquire a highly desirable commercial property in a rapidly expanding area.
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.
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.