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5132 W Franklin Rd 4.83 Acres of Commercial Land Offered at $1,883,000 in Meridian, ID 83642
Investment Highlights
- Ideal for industrial, commercial, or mixed-use opportunities, given the Rural Urban Transition zoning and Meridian’s growth trajectory.
- Competitive pricing dynamics relative to nearby land offerings along Franklin Road, with strong regional development activity.
- Approximately 5 minutes to I-84 access.
- Future Franklin Road expansion planned, reinforcing the corridor’s role as a key east–west connector within Meridian’s long-term transportation plan.
- Positioned along Franklin Road with good frontage and visibility.
Executive Summary
Property Facts
| Price | $1,883,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.83 AC |
| Property Type | Land | ||
| Zoning | RUT - Rural Urban Transit | ||
| Price | $1,883,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.83 AC |
| Zoning | RUT - Rural Urban Transit |
1 Lot Available
Lot
| Price | $1,883,000 | Lot Size | 4.83 AC |
| Price Per AC | $389,855.07 |
| Price | $1,883,000 |
| Price Per AC | $389,855.07 |
| Lot Size | 4.83 AC |
Description
This industrially zoned land offering presents a compelling opportunity for industrial, commercial, or mixed-use development, supported by Meridian’s continued growth and the property’s Rural Urban Transition zoning. Strategically positioned along Franklin Road, the site offers strong frontage and visibility and is slated to benefit from the planned Franklin Road expansion, reinforcing its role as a major east–west transportation corridor. Competitive pricing relative to nearby Franklin Road offerings, combined with active regional development, enhances the property’s investment appeal, while convenient access to I-84, approximately five minutes away!
Property Taxes
| Parcel Number | S1209438907 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $662,000 |
Property Taxes
Presented by
5132 W Franklin Rd
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