5150 W Cherry, Meridian

$1,399,000

0 Bed
0 Bath
4.9 Acres
0 Garage

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.

Essential Information
MLS® #98822720
Price$1,399,000
Bathrooms0.00
Acres4.90
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address5150 W Cherry
AreaMeridian NW - 1030
Subdivision0 Not Applic.
CityMeridian
CountyAda
StateID
Zip Code83642
On Golf CourseN
Has ViewN
Amenities
Has RV ParkingN
Utilities

Electricity Available, Natural Gas Connected, Phone Connected, Electricity Connected

Interior
Has Two BedroomsN
Exterior
Lot Description1 Acre - 4.99 Acres, Level
Has Shop / ShedN
School Information
DistrictWest Ada School District
ElementaryChaparral
MiddleMeridian Middle
HighMeridian
Additional Information
Date ListedOctober 18th, 2021
Days on Market155
ZoningRUT
Listing Details
OfficeCardinal Realty of Idaho
Property History
Price Increased from $1,299,000 to $1,399,000
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Listing information last updated on May 17th, 2022 at 11:22am MDT.