185 S Locust Grove Rd Meridian, ID $ 1,360,000
185 S Locust Grove Rd
$ 1,360,000
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185 S Locust Grove Rd

Meridian, ID, 83642
$ 1,360,000
Baths0.0 Sq 2,552

Monthly Estimate*

$ 9,500

185 S Locust Grove Rd, Meridian, ID 83642 - Image 1
185 S Locust Grove Rd, Meridian, ID 83642 - Image 2
185 S Locust Grove Rd, Meridian, ID 83642 - Image 3
185 S Locust Grove Rd, Meridian, ID 83642 - Image 4
185 S Locust Grove Rd, Meridian, ID 83642 - Image 5
Studio

Commercial Property for sale in Meridian, ID

for $1,360,000. This 2,552 square foot building was built on a lot size of 1.42.

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 150 ft STREET FRONT exposure on Locust Grove; just south of the Franklin intersection. 1.42 Premium 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). The parcel directly north is zoned R-40. To the south and west is Light Industrial. FLUM also indicates Franklin Rd to become a major commercial arterial road- get in while you can! 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 2 parcel 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.

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Commercial Active

Price

$ 1,360,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.42

Town/City

Meridian

County/Region

Ada

MLS | Web ID

98900165

Features
General
Sewer Septic Tank
Cooling Central Air
Construction Materials Brick
Stories 2
Business Type Land
County Ada
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Meridian
Buyer Agent Compensation 2.5
Senior Community Y/N N
Zoning Description RUT; future land map MU-C
MLS Area Meridian NE - Boise NW - 1020
Lot Size Square Feet 61855.2
Waterfront Y/N N
Carport Y/N N
Street Name Locust Grove Rd
Listing Terms Consider All
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Building Area Units Square Feet
Buyer Agent Compensation Type %
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Interior
Flooring Concrete Wood Other
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Fencing Partial
Lot Features 1 - 4.99 Acres
Water Source City Service Well
Lot Size Area 1.42
Foundation Details Basement
Spa N
Building Area Total 2552
Lot Size Acres 1.42
Lot Size Units Acres
Open Parking Y/N N
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Internal Only
Street Number 1 185
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* Excluded Features
List By
Lynzey Uechi

Listing Agent

Silvercreek Realty Group

Broker

lynzey@lifeisbetterinboise.com

Email

Affordability Calculator

$9,500
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,500
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
397929 Elementary School
397955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$1,360,000 -9.03% Price Down
2/10/2024$1,495,000 Listed Price

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185 S Locust Grove Rd, Meridian, ID, 83642 is a Commercial Property for sale at $1,360,000 with 2,552 sqft and a lot size of 1.42. 185 S Locust Grove Rd is a studio with 0.0 baths. The property's zip code is 83642 which is in Meridian, ID