Unlike anything else currently on the market in Meridian! This approximately 5.0 acre property affords prospective developer/builder buyers the opportunity to build the next large scale townhome/multi-family/mixed-use project in the heart of Meridian. The property has Mixed-Use Neighborhood comprehensive plan zoning from the City of Meridian and is one of the last remaining parcels under that zoning classification. Situated in between Ustick and McMillan off of Locust Grove Rd, this sought-after property is flat, with utilities nearby and presents an amazing marketing window and access for the next luxury development in this area! Seller to entertain developer terms from qualified buyers.
Current Zoning RUT, Ada County • Meridian Future Land Use Map shows parcels in Mixed Use Interchange & low-density traffic opportunities including multi-family housing • Hunter Homes has acquired 40 acres to the west of this parcel for the McDermott Village Subdivision. Hwy 16 bisects this parcel. An application has been submitted to the City of Meridian for Annexation & Zoning, Preliminary Plat & Conditional Use Permit w/R-40, R-15 & C-G Zones. The Preliminary Plat will be to subdivide the property into individual lots although the plan is for townhomes (R-15) at McDermott & Ustick. There is a possibility that a Comprehensive Plan Amendment will also be associated w/the applications. The amendment will be to change the designation from Mixed Use-Regional to Mixed Use-Interchange. On the west side of Hwy 16, C-G off of Ustick & Owyhee Storm and R-40 behind the commercial along the back stretch of Owyhee High School. • Meridian City Water has a pipe on Ustick going west to the high school.
Meridian is located in Idaho. Meridian, Idaho has a population of 115,227. Meridian is more family-centric than the surrounding county with 37.58% of the households containing married families with children. The county average for households married with children is 34.11%.
The median household income in Meridian, Idaho is $85,201. The median household income for the surrounding county is $75,115 compared to the national median of $69,021. The median age of people living in Meridian is 36.6 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 10.9 inches per year, with 10.3 inches of snow per year.
