1.4 Acres of Commercial Land for Sale in Meridian, Idaho

185 S Locust Grove Rd, Meridian, ID 83642

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$1,360,000
1.42 acres
Active sale$135k dropEst $12,997/mo

Extremely rare opportunity to develop over 1 acre of land ON AN ARTERIAL ROAD in central meridian! This tax incentivized opportunity zone location has a remarkable STREET FRONT exposure on Locust Grove; just south of the Franklin intersection. 1.42 Premium, High-Exposure Acres. Currently zoned RUT, choice is yours where to seek new zoning. Future Land Use map indicates MU-C (See cut sheet in Docs for examples). Zoning directly north is R-40; south and west is Light Industrial. NO CC&Rs, NOT annexed into the city. Stubbed for public utilities. 2.5 miles to The Village, 2.3 miles to I-84 on/off ramp, 1.5 miles to downtown Meridian.This property includes a 2552sf home with interior remodeling done in 2021. Also on property is a 20x30 insulated shop. Check docs for more information on incredible Opportunity Zone tax incentives for developers, as well as information on current and FLUM zoning.

Directions

South on Locust grove, passed Franklin intersection, right hand side.

Property details

Coordinates
43.6031, -116.3755
Elevation
2,635 feet
MLS Number
IMLS 98900578
Date Listed

Parcels

  • S1118110065

Property taxes

2023
$2,897

This 1.42-acre property is located at 185 S Locust Grove Rd in Meridian, ID 83642 with latitude 43.6031 and longitude -116.3755. The property is currently available for sale for $1,360,000 with a price per acre of $957,746. Listing data is sourced from Intermountain Multiple Listing Service # 98900578.

Verify sale details at the property source or contact Silvercreek Realty Group at (208) 377-0422.

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Listing checked and updated . Parcel data by Regrid.

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