Meridian, Idaho, offers a unique opportunity to invest in Specialty Properties, with 13 listings available for sale. As the state's second most populous city, Meridian has a strong economy driven by agriculture, manufacturing, and transportation, making it an attractive location for businesses and individuals alike. Specialty Properties in Meridian represent a diverse range of investments, from industrial facilities to commercial buildings, each offering a unique set of benefits and opportunities. With its well-organized street layout and proximity to major transportation hubs like I-84 and the Union Pacific Railroad spur, Meridian provides easy access to neighboring towns and cities. The city's amenities, including Meridian Settlers Regional Park, Eagle Island State Park, and the Meridian Speedway, make it an attractive location for businesses and residents. Additionally, the city's strong education system, served by the West Ada School District, and its growing arts scene, with institutions like the Meridian Symphony Orchestra and the Meridian Center for the Arts, contribute to its appeal as a great place to live and work.
Meridian's Specialty Properties offer a range of characteristics that make them an attractive investment opportunity. With average prices per square foot of $376 USD, and average sizes of 13,176 square feet, these properties offer a unique combination of value and potential for growth. The largest Specialty Property available is 104,625 square feet, providing ample space for businesses and organizations. With an average cap rate of 6.36%, these properties offer a strong potential for returns on investment. In addition to Specialty Properties, Meridian also offers a range of other property types, including Shopping Centers, Land, Office Properties, and Warehouses, each with its own unique benefits and opportunities. Shopping Centers in Meridian offer a range of retail spaces, while Land properties provide opportunities for development and growth. Office Properties in Meridian offer a range of commercial spaces, and Warehouses provide ample storage and distribution facilities. With its strong economy and diverse range of property types, Meridian is an attractive location for businesses and investors alike.
What financing options are available for specialty property purchases?
When considering specialty property purchases in Meridian, Idaho, it's essential to explore financing options that cater to these unique properties. For instance, commercial real estate loans (CRE loans), as explained in our article at CRE loans, can provide the necessary funding for investors and businesses looking to acquire specialty properties, such as those listed among the 13 available listings in Meridian, with average prices per square foot of $376 USD and average sizes of 13,176 square feet.
