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$1,399,000
5150 W Cherry Lane, Meridian, ID 83642
0 Beds
0 Baths
n/a sqft

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Great Location -- Great Potential! 5 Acres of Investment/Development land right in the path of future subdivisions. Also Retail Potential with 264 feet of Cherry Lane frontage in Meridian. The land is currently zoned RUT (Rural-Urban Transition), so many possibilities available. 5 bdrm/3 bath Rental House on property currently leased at $1900/mo, so this one will pay for itself until development. Large carport with equipment parking and tack room. Residential Growth is happening now, so don't wait.
  • Price:
  • $1,399,000
  • Acreage:
  • 4.90
  • Listing ID #:
  • 98822720
  • Street Address:
  • 5150 W Cherry Lane
  • City:
  • Meridian
  • State:
  • Idaho
  • Postal Code:
  • 83642
  • County:
  • Ada
  • Community:
  • Meridian Nw - 1030
  • Subdivision:
  • 0 Not Applic.
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • Existing Land Use:
  • Single Family, Other
  • Lot Features:
  • 1 Acre - 4.99 Acres, Level
  • Lot Size:
  • 4.9
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 213444
  • Road Type:
  • Paved
  • Zoning Description:
  • Rut
  • Days On Market:
  • 93
  • Originating Mls:
  • Imls 2
  • Terms:
  • Cash, Conventional, Usda Loan
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $2,067
  • Tax Year:
  • 2020
  • Existing Water:
  • Well
  • Sewage Type:
  • Septic Tank
  • Utilities:
  • Electricity Available, Natural Gas Connected, Phone Connected, Electricity Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Cardinal Realty Of Idaho
  • IDBOISE

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