$2,150,000

Estimated payment $11,725/month

2.01 Acres
$1,069,652 Price per Acre
87,556 Sq Ft Lot

About This Lot

Prime 2.01 acre commercial parcel located on Franklin Avenue in the heart of Meridian. This versatile piece of raw land offers strong development potential with zoning that supports a wide range of commercial uses. The property benefits from excellent visibility and a strategic position next to the Water Walk by Wyndham, creating natural synergy for hospitality, retail, office, or service-based projects. A great opportunity for investors or businesses looking to establish a presence in a growing, high traffic corridor of Meridian. - Contact Melanie Nielsen 208-678-6290

Listing Agent

Matthew Naumann

CBRE, Inc Brokerage Phone: 208-644-8000 Listed on: 02/18/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,715

Additional Features

  • 2.01 Acre Lot
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number S1108449810

Property Details

Property Type

Land

Est. Annual Taxes

$6,715

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.01
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Attribution Contact: Main: 208-644-8000
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Natural Gas Connected

Lot Info

  • Lot Features: 1 Acre - 4.99 Acres
  • Parcel Number: S1108449810
  • Current Use: Commercial, Retail
  • Lot Size Sq Ft: 87555.6
  • Zoning Description: City of Meridian-C-G

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6714.8

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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
2025 $1,641 $1,489,900 -- --
2024 $2,540 $329,700 -- --
2023 $2,507 $472,600 -- --
2022 $2,507 $472,200 $0 $0
2021 $2,102 $296,200 $0 $0
2020 $2,041 $244,900 $0 $0
2019 $2,657 $245,700 $0 $0
2018 $2,490 $213,300 $0 $0
2017 $2,426 $196,600 $0 $0
2016 $2,327 $181,400 $0 $0
2015 $979 $171,400 $0 $0
2012 -- $132,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $2,150,000 -- --
Source: Intermountain MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation/Courtesy Recordi
Quit Claim Deed -- First American Title
Quit Claim Deed -- Accommodation/Courtesy Recordi
Warranty Deed -- First American T&E Co
Bargain Sale Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,892,500 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Intermountain MLS

MLS Number: 98975213

Intermountain MLS

APN: S1108449316

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