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Listed with Silvercreek Realty Group

PRICE $1,360,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 1.42 ac

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.

DAYS ON MARKET 92 LAST UPDATED 2/29/2024
TRACT 0 Not Applic. YEAR BUILT 0
COMMUNITY Meridian NE - Boise NW - 1020 COUNTY Ada
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage

PRICE HISTORY
Prior to Feb 29, '24 $1,495,000
Feb 29, '24 - Today $1,360,000


ADDITIONAL DETAILS
AREA Meridian NE - Boise NW - 1020
BUYER'S BROKERAGE COMPENSATION 2.5
LOT 1.42 acre(s)
SUBDIVISION 0 Not Applic.
TAXES 2897
UTILITIES Natural Gas Available, Natural Gas Connected
ZONING Rut, future land use MU-C
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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