Owner Financing available. Prime development site located near the corner of Black Cat and Ustick in Meridian, this expansive 11.44-acre site promises unparalleled potential. Positioned contiguous to city limits, the pathway to annexation is notably accessible and aligns with Meridian's Comprehensive Plan which indicates Mixed Use zoning in the future. This versatile zoning offers an array of future possibilities, from multi-family, single-family, office/retail, and storage. Moreover, the expansion of Hwy 16 further elevates the appeal of this property with plans for an interchange at the corner of Ustick and McDermott. Therefore, establishing this area as a crucial thoroughfare; enhancing connectivity to the freeway and subsequently increasing the site's future value. The property's current leasing status provides a remarkable opportunity for land banking as well.
Property Details
Property Features
Listing Office:
Office Name: exp Realty, LLC
Office Phone: (208) 890-7776
Listing Agent: Will Elfering
Lot Features
Lot Information:
Lot Size: 11.44 Acres
School Info
Assigned Schools Information:
Meridian High School, Public District Grades 9-12
Meridian Middle School, Public District Grades 6-8
Ponderosa Elementary School, Public District Grades PK-5
Barbara Morgan STEM Academy, Public District Grades KG-5
Other
Directions Information:
Directions: N. Black Cat Rd, W. Ustick Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $2,600,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Ponderosa Elementary School
2950 N Naomi Ave
Distance between this listing and this school1.03 miles
Public District Grades PK-5
9
/10
Barbara Morgan STEM Academy
1825 W Chateau Dr
Distance between this listing and this school2.42 miles
Public District Grades KG-5
Middle School
4
/10
Meridian Middle School
1507 W 8th St
Distance between this listing and this school3.10 miles
Public District Grades 6-8
High School
4
/10
Meridian High School
1900 W Pine Ave
Distance between this listing and this school2.65 miles
Public District Grades 9-12
Assigned Schools
6
/10
Ponderosa Elementary School
2950 N Naomi Ave
Distance between this listing and this school1.03 miles
Public District Grades PK-5
9
/10
Barbara Morgan STEM Academy
1825 W Chateau Dr
Distance between this listing and this school2.42 miles
Public District Grades KG-5
Nearby Schools
10
/10
Hunter Elementary School
2051 W Mcmillan Rd
Distance between this listing and this school2.40 miles
Public District Grades PK-5
Assigned Schools
4
/10
Meridian Middle School
1507 W 8th St
Distance between this listing and this school3.10 miles
Public District Grades 6-8
Nearby Schools
7
/10
Sawtooth Middle School
3730 N Linder Rd
Distance between this listing and this school2.59 miles
Public District Grades 6-8
9
/10
Heritage Middle School
4990 N Meridian Rd
Distance between this listing and this school3.87 miles
Public District Grades 6-8
Assigned Schools
4
/10
Meridian High School
1900 W Pine Ave
Distance between this listing and this school2.65 miles
Public District Grades 9-12
Nearby Schools
10
/10
Compass Public Charter School
2511 W Cherry Ln
Distance between this listing and this school2.12 miles
Public Charter Grades PK-12
7
/10
Rocky Mountain High School
5450 N Linder Rd
Distance between this listing and this school2.99 miles
The neighbors living near this home have an average income of $70,299. Most Meridian, ID residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3050 Morgan Grove Ln
What is the listing price of this property?
The listing price of 3050 Morgan Grove Ln property is $2,600,000.
What type of property is this?
The property 3050 Morgan Grove Ln is land located in Meridian, Idaho, 83646.
Is this property for sale now?
Active Listing: 3050 Morgan Grove Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3050 Morgan Grove Ln are: Ponderosa Elementary School: GreatSchools Rating 6/10Barbara Morgan STEM Academy: GreatSchools Rating 9/10Meridian Middle School: GreatSchools Rating 4/10Meridian High School: GreatSchools Rating 4/10
How much acreage is this property?
The property 3050 Morgan Grove Ln is 11.44 acres.
Interested in 3050 Morgan Grove Ln? Let's connect.
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This home is located at 3050 Morgan Grove Ln in Meridian, ID and zip code 83646. This home sits on a 11.44 acre lot. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $2,600,000.
The inventory of homes for sale in Meridian, ID between February 2024 and March 2024 increased by 0.6%. Listings spent 1,276 days on the market in March 2024, and had a median list price of $424,902 during the same period.
From Rocket Homes Real Estate and based on county public records data.