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This multifamily property at 500 East Victory Road in Meridian, Idaho, is currently listed for sale and provides an ideal acquisition for investors or developers focused on the expanding Boise metropolitan area. Spanning 2.03 acres of land zoned R-4, the site currently features a 1,400 square foot residential structure. Meridian has experienced consistent growth, benefiting from the broader economic expansion of the Treasure Valley region, which remains a hub for technology and professional services. The R-4 zoning designation allows for potential residential density increases, making this an appropriate selection for entities interested in site redevelopment or long-term land holding within a supply-constrained suburban submarket. Given the footprint and existing configuration, the parcel offers flexibility for various residential development strategies or continued utilization of the existing dwelling while evaluating future growth options. Investors will find the proximity to regional transit corridors and the growing population base of Canyon and Ada counties favorable for long-term project planning.
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