Treasure in the valley

Treasure in the valleyTreasure in the valleyTreasure in the valley
The Land
Residential
Lynzey Uechi

Treasure in the valley

Treasure in the valleyTreasure in the valleyTreasure in the valley
The Land
Residential
Lynzey Uechi
More
  • The Land
  • Residential
  • Lynzey Uechi
  • The Land
  • Residential
  • Lynzey Uechi

185 S Locust Grove Rd

About the Land

Location

Located on the block directly South of Franklin Road, on the western side of Locust Grove Road.

Parcel Number

S1118110065

Land Area

1.42 Acres

Street Front

150 feet street front to Locust Grove, a major arterial road

Existing Structures

Residential

2 Levels

Walk-Out basement

Built in 1969, Remodeled in 2022

2552sf

Upper level: 1 bed, 1 bath

Lower level: 2 bed, 1 bath


Shop

20'x30' main space

Fully Insulated

Upper storage loft

Green house area addition


Annexation

Not annexed into the city of Meridian

Covenants, conditions, and restrictions

No CC&Rs, no HOA

Locations of Interest

The Village at Meridian | 2.5 miles

I-84 | 2.3 miles

Downtown Meridian | 1.5 miles

Storey Park | 0.9 miles


Zoning

Current

Rural-Urban Transition (RUT)

What is RUT zoning?

Future Land Use Map Designation

Mixed Use Community (MU-C) 

What is Mixed Use Community?


Sample uses appropriate in MU-C areas include: All MU-N categories, community grocer, clothing stores, garden centers, hardware stores, restaurants, banks, drive-thru facilities, auto service station, and retail shops, and other appropriate community-serving uses. 



Bordering Properties

North: High Density Residential (R-40)

South: Light Industrial (I-L)

West: Light Industrial (I-L)

East: Neighborhood Buisness (C-N)

General Information:

Ada County Zoning

Current Zoning Map

Future Land Use Map

Comprehensive Plan


Tax Incentive

Opportunity Zone Qualified

To find out more about tax incentives for properties located with an Opportunity zone, click here.

Excluding Capital Gains

"If you hold your investment in the Qualified Opportunity Fund for at least 10 years, you may be able to permanently exclude gain resulting from a qualifying investment when it is sold or exchanged."

Deferring Capital Gains

"If you hold your investment in the Qualified Opportunity Fund for at least 5 years, your basis (the amount of your investment) will increase by 10% of the deferred gain. If you hold your investment in the Qualified Opportunity Fund for at least 7 years, your basis (the amount of your investment) will increase by an additional 5% of the deferred gain. "


Options for Investing

Full Purchase

$1,100,000

Broker Co-op

2.5%

Build-to-Suit

Contact to discuss your Build-to-Suit proposal.


Other Places to View This Listing

IMLS

https://s.paragonrels.com/goto/GSz4hJHnb0b

LoopNet

View listing here.

Need Anything Else?

Contact Form

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