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Property profile & analytics
OFF-MARKET
Commercial real estate

890 Lake Hazel Rd Meridian, ID 83642

10 ac lot
Property ID
US27-0234909
Property summary
AI-generated overview

This exceptional 10-acre parcel is situated on Lake Hazel Road, bordering Kuna, in the rapidly growing Meridian area of Ada County, Idaho. The property boasts a desirable RUT zoning designation, offering various development possibilities. The land is remarkably level, simplifying construction and site preparation. A significant advantage is the presence of a large, clean shop already on the property. Furthermore, a new substation is planned for construction nearby, enhancing the area's infrastructure. The asking price is $2,600,000, translating to a land value of $5.92 per square foot. The property's address is 890 W Lake Hazel Rd, Meridian, ID 83642. There is a potential for an additional 10 acres to be acquired, expanding the total acreage to 20. This presents a unique opportunity for investors and developers seeking a substantial land holding in a thriving Idaho community. Please note that the property is located between Meridian Road and Linder Road. Existing homeowners should not be disturbed. A site tour can be arranged upon request.

Property profile
Verified
Property type Commercial real estate
Lot 10 ac (435,600 SF)
UPID US27-0234909
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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