S Meridian Rd, Meridian, ID / $7,940,000 / 81.04 acres / Development Land
An excellent piece of development property on the northwest corner of Meridian Road and Lake Hazel Road. The City of Meridian is currently bringing utilities closer to this property and they will be located ~3/4 mile to the north. Property has 40.57 acres zoned C-G on the corner, 30.1 acres zoned R-15, and 10.3 acres zoned R-8. A great opportunity for a mixed use development that has higher density housing or multifamily.
River Plaza, 1276 W River St, Boise, ID / $3,500,000 / 26,851sf / Multi-Tenant Office
This property is a 3 story, 26,851 square feet multi-tenant office building and is priced at $130/sf, which is a 7% cap rate. Built in 2001, the office is occupied by three tenants in downtown Boise near the proposed multi-use stadium. With a great corner location, off-street shared parking, growing tenants, and strong rental history, this property is perfect for a number of investors. Contact agent for more information or a showing. Do not disturb tenants.