3050 Morgan Grove Ln Meridian ID 83646 MLS #98896948

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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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