Extremely rare opportunity to develop over 1 acre of land in central meridian on arterial street! Tax incentivized opportunity zone parcel, street front to 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. 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 split level, dug out brick home and 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.
MLS# | 98923308 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active |
Days On Site | 29 |
Listing Provided By | Silvercreek Realty Group | Lynzey Uechi |
Zoning | Rut, future land use MU-C |
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Acreage | 1.42 |
State | ID |
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County | Ada |
City | Meridian |
Zip Code | 83642 |
Area | Meridian NE |
Listing VS Median (in 83642) | |
Price: $1,100,000 low | high Med: $549,900 On Site: 29 low | high Med: 53.000000 |