$1,075,000
$175K PRICE DROP

Estimated payment $6,069/month

Total Views 6,129
1 Acre
$1,075,000 Price per Acre
43,560 Sq Ft Lot

About This Lot

This 1-acre lot is approved for 7-Unit Flex Space Business Condos. This project is ready to build and in high demand. Recently annexed into the City of Meridian with Light Industrial zoning, these condominium units will be excellent for small businesses or personal collectors. Shovel-ready with current construction budget available upon request with signed offer and confidentiality agreement. Seller will also build out the project on cost plus 5% basis. Approved Site Plan and Floor Plans are attached as Documents. Unit 1 is 35x70, Units 2-6 are 30x70 and Unit 7 is 27x60. With Mezzanines, the total project square footage is right at 15,000.

Listing Agent

Kimberly Kelley

Kim Kelley Real Estate LLC Brokerage Phone: 208-484-7893 Listed on: 03/27/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,579

Lot Details

  • 1 Acre Lot
  • Vinyl Fence
  • Wood Fence

Schools

  • Meridian Elementary School
  • Meridian Middle School
  • Meridian High School

Utilities

  • Natural Gas Connected
  • Sewer Applied For Permit

Listing and Financial Details

  • Assessor Parcel Number R3579000020

Property Details

Property Type

Land

Est. Annual Taxes

$1,579

Lot Details

0

Listing Details

  • Property Sub Type: Industrial
  • Prop. Type: Land
  • Lot Size Acres: 1
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Hepper Acres Su
  • ResoPropertyType: Land
  • Attribution Contact: 208-484-7893
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Fencing: Vinyl, Wood

Utilities

  • Sewer: Sewer-Proposed
  • Water Source: City Service
  • Utilities: Electricity Available, Natural Gas Connected, Phone Connected, Electricity Connected

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Elementary School: Meridian
  • Junior High Dist: West Ada School District
  • High School: Meridian
  • Middle Or Junior School: Meridian Middle

Lot Info

  • Lot Features: 1 Acre - 4.99 Acres
  • Parcel Number: R3579000020
  • Current Use: Industrial
  • Lot Size Sq Ft: 43560
  • Zoning Description: I-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1579.06

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,859 $429,900 -- --
2023 $1,859 $431,000 $0 $0
2022 $2,209 $504,700 $0 $0
2021 $2,216 $379,400 $0 $0
2020 $2,188 $303,100 $0 $0
2019 $1,690 $289,200 $0 $0
2018 $1,433 $242,100 $0 $0
2017 $1,276 $218,400 $0 $0
2016 $1,231 $206,900 $0 $0
2015 $996 $192,500 $0 $0
2012 -- $138,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $1,075,000 -14.0% --
03/27/2025 03/27/25 For Sale $1,250,000 -- --
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Warranty Deed -- Fidelity National Ttl Boise
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,000 Commercial
Source: Public Records

Source: Intermountain MLS

MLS Number: 98940660

Intermountain MLS

APN: R3579000020