185 S Locust Grove Rd

Meridian, ID 83642

About this property

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 150 ft STREET FRONT exposure on Locust Grove; just south of the Franklin intersection. 1.42 Premium 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). The parcel directly north is zoned R-40. To the south and west is Light Industrial. FLUM also indicates Franklin Rd to become a major commercial arterial road- get in while you can! 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 2 parcel property includes a 2552sf home with interior remodeling done in 2021. Also on property is a 20x30 insulated shop. Check docs for more information on incredible Opportunity Zone tax incentives for developers, as well as information on current and FLUM zoning.

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$1,360,000 Active
2,552 SQFT

Presented By Coldwell Banker Distinctive Properties Telluride

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Brokerage
Silvercreek Realty Group
1-208-377-0422
Listed By Lynzey Uechi
Brokerage: Silvercreek Realty Group

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