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 20×30 insulated shop. Check docs for more information on incredible Opportunity Zone tax incentives for developers, as well as information on current and FLUM zoning.
Listing Provided Courtesy of Silvercreek Realty Group
Property Details
Price:
$1,360,000
MLS #:
98900578
Status:
Active
Beds:
0
Baths:
0
Address:
185 S Locust Grove Rd
Type:
Land
Subtype:
Unimproved Land
Subdivision:
0 Not Applic.
City:
Meridian
Listed Date:
Feb 15, 2024
State:
ID
ZIP:
83642
Lot Size:
61,855 sqft / 1.42 acres (approx)
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2.5%
Tax Year
2023
Taxes
$2,897
Map
Contact Us
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Similar Listings Nearby
- 3245 & 3247 Locust Grove
Meridian, ID$1,550,000
1.94 miles away
Listing courtesy of Silvercreek Realty Group
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185 S Locust Grove Rd
Meridian, ID
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