2951 Overland RdMeridian, ID 83642

  • Other commercial real estate
  • 18,481 SF
For Lease
$22/SF/YR View listing

Property Details for 2951 Overland Rd

Year built
2005
Lot size
2.30 AC
Property size (Sq ft)
18,481 SF
Zone code
C-C
Property type
Other commercial real estate
APN
R1022760332
APU
R1022760332

Description

This exceptional retail opportunity is located at 2951 E. Overland Road in Meridian, Idaho, within the South Meridian submarket of Ada County. The property, known as El Dorado Marketplace, is a Class B strip center totaling 18,256 square feet, built in 2004, and situated on a generous 300-acre lot. Currently, there is one suite available, offering 1,257 square feet of leasable space. The property boasts ample parking to accommodate customers and employees. Its C-C zoning allows for a variety of retail and restaurant uses. El Dorado Marketplace benefits from its strategic location, serving a vibrant community encompassing numerous business parks and over 400 hotel rooms. The proximity to amenities and a high school ensures high traffic and visibility, making it an ideal location for businesses seeking maximum exposure and convenience. This property presents a unique chance to establish or expand a business in a thriving area of Meridian, Idaho, with easy access to a large customer base. The property's size and location make it an attractive investment for businesses seeking a strong presence in a high-growth market. The zip code is 83642.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,743,131
    Hospitality
    $4,344,682
    Educational
    $3,614,725
    Medical
    $3,739,041
    Retail
    $5,622,905
2951 Overland Rd, Meridian, Idaho

Location Insight

City
Meridian
County
Ada
State
Idaho
Latitude
43.5898
Longitude
-116.358
CBSA code
14260
CBSA name
BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$23,577
$1,986,300
$2,677,000
$4,663,300
-
$1,986,300
$2,677,000
$4,663,300

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