Improved Parking Lot with Development
For Sale
$225,000
23 E 1st N, Rexburg, ID 83440
COMMERCIAL - Rexburg, ID
Property SizeContact for details
Lot Size0.43 Acres
Days on Market112
Property Features for 23 E 1st N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: Rx-Mixed-Use 2, Specific Zoning: Rexburg-Mixed Use 2
Lot features
Unknown Soil Type, Sprinkler Auto, Level, High Traffic, Near Schools, Near University/ College
Elementary school
Adams 321EL
Middle school
Madison 321JH
High school
Madison 321HS
Directions
South on 2nd East, west on 1st North to address
Standard status
Active
APN
RPRRXB10223040
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Exhibit A
Tax Annual Amount
881
Legal Description
Exhibit A
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Realty Quest
(208) 356-8787
Listed By:
Judy Hobbs
(208) 356-8787
Added: Apr 28
Changed: Aug 4
Last Checked: Aug 17 at 4:06AM
MLS# 2181617
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully improved parking lot spans 0.43 acres and is situated on a developed lot in the heart of Rexburg. The property is positioned for front-of-lot retail or similar use, with the rear described as potentially suitable for a duplex configuration.
The lot is located in a Mixed Use/Low Density Residential-2 zone. Continued use as a parking lot will require a conditional use permit from the city, and the seller lists possible uses including a parking lot, vendor food court, sales lot, or duplex units.
As presented, the asset offers an improved surface suitable for parking-related operations, with flexibility for additional small-scale development at the rear as permitted by the applicable approvals.
The lot is located in a Mixed Use/Low Density Residential-2 zone. Continued use as a parking lot will require a conditional use permit from the city, and the seller lists possible uses including a parking lot, vendor food court, sales lot, or duplex units.
As presented, the asset offers an improved surface suitable for parking-related operations, with flexibility for additional small-scale development at the rear as permitted by the applicable approvals.
Key Highlights
- Prime 0.43 acre lot in the heart of Rexburg.
- Zoned Mixed Use/Low Density Residential 2, offering development flexibility.
- Fully improved parking lot already in place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 83440, ID
50,567
Population
13,845
Households
3.7
Avg Household Size
25
Median Age
40%
College-Educated
97%
High-School Grad
181.7 sq mi
ZIP Area
278
Density / Sq Mi
$57,701
Median Household Income
$11,659
Median Earnings
$959
Median Rent
$372,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Fully improved 0.43-acre parking lot in Rexburg within a Mixed Use/Low Density Residential-2 zone.
Where is this parking lot & garage located?
The property is located at 23 E 1st N Rexburg, ID.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Prime 0.43 acre lot in the heart of Rexburg.; Zoned Mixed Use/Low Density Residential 2, offering development flexibility.; Fully improved parking lot already in place.
