3050 Morgan Grove Ln, Meridian, ID 83646

Courtesy of exp Realty, LLC.

Selling Office: Land Advisors Organization.

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Sold Price
$?
List Price
$2,600,000
Days on Market
163
Closing Date
Aug 01, 2024
Status
SOLD
MLS#
98896948
Subdivision
0 Not Applic.
County
Ada
Acres
11.44

Property Description

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.

Additional Information

Land Use
Other
Lot Features
10 Acres - 19.9 Acres
Water
Well
Electric
Installed
Sewer
Septic Tank
School District
West Ada School District
Elementary School
Ponderosa
Middle School
Meridian Middle
High School
Meridian
Taxes
$2,950
Tax Year
2022
Parcel Number
S1204212470


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