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12175 Meyer Rd - Commercial Corner - Rathdrum, ID 8.5 Acres of Commercial Land Offered at $4,200,000 in Rathdrum, ID 83858

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INVESTMENT HIGHLIGHTS

  • Excellent corner location at Lancaster Rd and Meyer Rd with strong visibility and multiple access points
  • Strategically positioned to serve a growing local population lacking nearby commercial options
  • Located in Rathdrum – one of Idaho’s fastest-growing cities, with an average annual population growth of 9% since 2021

PROPERTY FACTS

Price $4,200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Bank
  • Convenience Store
  • Drugstore
  • Garden Center
  • Health Club
  • Hospital
  • Medical
  • Neighborhood Center
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 8.50 AC
Cross Streets Lancaster
Zoning C-1 - Commercial C-1. Link to zoning information: https://www.rathdrum.gov/apps/code/default.aspx

1 LOT AVAILABLE

Lot

Price $4,200,000
Price Per AC $494,117.65
Lot Size 8.50 AC

8.5-acre C-1 zoned corner lot in high-growth Rathdrum. Excellent visibility and access. Surrounded by new housing, schools, and future City Hall. Ideal for retail, medical, grocery, daycare, or service-related development.

DESCRIPTION

Located in Rathdrum, one of Idaho's fastest-growing cities with 9% population growth each year since 2021, this 8.5-acre commercial property offers an outstanding development opportunity. The corner location at Lancaster Road and Meyer Road provides excellent visibility and easy access from multiple directions. Zoned C-1, the property allows for many different types of businesses including retail stores, restaurants, medical offices, grocery stores, daycare centers, and service businesses. The area is experiencing rapid growth with thousands of new homes being built nearby. A new Rathdrum City Hall is planned for the area, which will bring more people and activity to the location during business hours. The property sits close to schools, parks, and community centers, ensuring steady traffic throughout the day. Currently, the growing residential community has limited shopping and service options nearby, creating strong demand for new businesses. The flat, buildable land makes development straightforward and cost-effective. Its location near major roads and highways provides easy access for customers from the broader region. With explosive population growth, new civic development, and increasing housing density all happening at once, this property is positioned to benefit from multiple demand drivers. For investors and developers looking to get ahead of rapid market growth, this represents an ideal opportunity to serve a thriving community that needs more commercial services and retail options.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R00000070100
Land Assessment
$94,095
Improvements Assessment
$0
Total Assessment
$94,095
  • Listing ID: 35982690

  • Date on Market: 5/25/2025

  • Last Updated:

  • Address: 12175 Meyer Rd, Rathdrum, ID 83858

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