455 Amity RdMeridian, ID 83642

  • Other commercial real estate
  • 16.17 AC
For Sale

Property Details for 455 Amity Rd

Year built
1900
Lot size
16.17 AC
Zone code
RUT
Property type
Other commercial real estate
APN
S1236121090
APU
S1236121090

Description

This exceptional Meridian, Idaho property offers a unique development opportunity encompassing approximately 24.45 acres across three parcels. Parcel 1 comprises 5 acres, while Parcel 3 offers a substantial 16.17 acres. A 3.28-acre parcel is included, to be repurchased for $1.00 from Sunset Properties Management, LLC upon annexation to the City of Meridian. The land is strategically located at 455 W. Amity Road, Meridian, ID 83642, on the south side of W. Amity Road, roughly two blocks west of the Meridian Road and Amity Road intersection. Currently, four radio towers are situated on the property. The current owner anticipates a 12-month timeframe for relocation of the technology and tower removal. The property is zoned RUT, allowing for both commercial and residential development. Detailed legal descriptions are available upon request. This presents a rare chance to acquire a significant land holding in a rapidly growing area. The property's potential is vast, making it an attractive investment for developers seeking a prime location in Meridian, Idaho. Further details are available.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $180,774,592
    Hospitality
    $165,588,560
    Educational
    $137,767,744
    Medical
    $142,505,776
    Retail
    $214,305,376
455 Amity Rd, Meridian, Idaho

Location Insight

City
Meridian
County
Ada
State
Idaho
Latitude
43.5587
Longitude
-116.399
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
$3,395
$686,400
$100,000
$786,400
-
$686,400
$100,000
$786,400

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