Owner Financing available. Prime development site located near the corner of Black Cat and Ustick in Meridian, this expansive 11.44-acre site promises unparalleled potential. Positioned contiguous to city limits, the pathway to annexation is notably accessible and aligns with Meridian’s Comprehensive Plan which indicates Mixed Use zoning in the future. This versatile zoning offers an array of future possibilities, from multi-family, single-family, office/retail, and storage. Moreover, the expansion of Hwy 16 further elevates the appeal of this property with plans for an interchange at the corner of Ustick and McDermott. Therefore, establishing this area as a crucial thoroughfare; enhancing connectivity to the freeway and subsequently increasing the site’s future value. The property’s current leasing status provides a remarkable opportunity for land banking as well.
Listing Provided Courtesy of exp Realty, LLC
Property Details
Price:
$2,600,000
MLS #:
98896948
Status:
Active
Beds:
0
Baths:
0
Address:
3050 Morgan Grove Ln
Type:
Land
Subtype:
Unimproved Land
Subdivision:
0 Not Applic.
City:
Meridian
Listed Date:
Dec 19, 2023
State:
ID
ZIP:
83646
Lot Size:
498,326 sqft / 11.44 acres (approx)
Schools
School District:
West Ada School District
Elementary School:
Ponderosa
Middle School:
Meridian Middle
High School:
Meridian
Interior
Exterior
Financial
Buyer Agent Compensation
2.5%
Tax Year
2022
Taxes
$2,950
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Listing courtesy of exp Realty, LLC
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Realtor Association of Intermountain Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Cardinal Realty of Idaho include the name of the listing broker. Information provided by IMLS is deemed reliable but not guaranteed. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Intermountain Multiple Listing Service, Inc. All rights reserved.
3050 Morgan Grove Ln
Meridian, ID
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