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    OFF-MARKET
    Commercial real estate

    701 Central Dr, Meridian, ID 83642

    1.35 ac lot
    Property ID
    US27-0121819
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.35 ac (58,806 SF)
    UPID US27-0121819
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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