Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    509 S 5Th W Rexburg, ID 83440

    Sponsored
    For Sale
    $1,750,000

    MULTI_FAMILY - Rexburg, ID

    Property size:
    8,000 SF
    Lot size:
    1.25 Acres
    Days on Market:
    290
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 509 S 5Th W

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 14, Bedroom 3, Bathroom 5, Bathroom 6, Bathroom 9, Bedroom 13, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 7, Bedroom 9, Bedroom 12, Bedroom 7, Bathroom 1, Bedroom 1, Bedroom 11, Bedroom 15, Bathroom 4, Basement, Bedroom 10, Bathroom 8, Bedroom 2, Bedroom 5
    Bedrooms
    15
    Bathrooms
    9
    Parking
    4
    Basement
    Full
    Size
    8,000 SF
    Lot size
    1.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1950
    Number of units
    8
    Building materials
    Frame, Metal Siding
    Roof type
    Metal

    The Real Estate Office (208) 356-5050 [email protected]

    Listing agent Todd Smith (208) 313-5035

    Listing date Mar 27, 2025

    Copyright © 2025 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.

    Overview

    Prime Land Near BYUI

    This property features 1.25 acres of prime HDR1 land located a few blocks from BYUI in Rexburg, ID. The site is equipped with utilities including water, sewer, gas, power, phone, cable, and fiber optic internet. Existing rental properties are currently situated on the land. The location provides easy access to US 20. According to the city, a total of 35 units can be built on this acreage. The property is one of the largest lots available in close proximity to the university, making it suitable for a new development project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison
    State
    Idaho
    Longitude
    -111.7975845
    Latitude
    43.815338

    Nearby Similar for Sale

    • New
      $735,000
      7,200 SF

      Historic Rexburg Mixed-Use Investment

      Prime mixed-use property in Rexburg's historic downtown.
      36 E Main St, Rexburg, ID 83440
      View Details
    • $519,000
      3,412 SF

      Renovated Rexburg Duplex with Charm

      Renovated 1920s bungalow duplex in Rexburg, Idaho.
      115 E 1St N, Rexburg, ID 83440
      View Details
    • New
      $2,100,000
      Pending

      Rexburg Multifamily Investment Opportunity

      Steps from BYU-Idaho, offering steady rental income and long-term appreciation.
      425 Harvard Ave, Rexburg, ID 83440
      View Details
    • $449,000
      Pending

      Rexburg Duplex Near BYU-Idaho

      Duplex near BYU-Idaho, ideal for investment or owner occupancy.
      224 E 2Nd S, Rexburg, ID 83440
      View Details
    • $1,900,000
      4,160 SF

      Rosewood Townhomes Investment Opportunity

      Rosewood Townhomes in Rexburg, near BYU Idaho campus.
      64 W Unit, Rexburg, ID 83440
      View Details
    • $4,375,000
      2,800 SF

      Rexburg Multifamily Investment Opportunity

      31-unit apartment complex in Rexburg, Idaho with strong rental history.
      35 W 2Nd N, Rexburg, ID 83440
      View Details
    • $6,000,000
      11,100 SF

      Student Housing Investment Opportunity

      Luxury student housing complex near BYU-Idaho with high occupancy potential.
      177 S 4Th W, Rexburg, ID 83440
      View Details
    • $4,375,000
      21,700 SF

      Rexburg Multifamily Investment Opportunity

      31-unit apartment complex in Rexburg, Idaho with stable cashflow.
      35 W 2Nd N, Rexburg, ID 83440
      View Details
    • New
      $500,000
      7,500 SF

      Rexburg Mixed-Use Industrial Property

      Mixed-use industrial property in central Rexburg with two buildings.
      164 W 1St N, Rexburg, ID 83440
      View Details
    • $2,300,000
      20,000 SF

      Rexburg Commercial Investment Opportunity

      20,000 sq ft commercial property with leaseback option.
      156 N 2Nd E, Rexburg, ID 83440
      View Details
    • $1,845,000

      New Denny's Restaurant For Sale

      Newly constructed Denny’s restaurant with a long-term absolute net lease.
      585 N 2Nd E, Rexburg, ID 83440
      View Details
    • Contact for pricing

      Prime Retail/Office Location Rexburg

      High-traffic retail/office space near Main Street and BYU-Idaho.
      33 College Ave, Rexburg, ID 83440
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.25 acres of HDR1 land near university with utilities.
    Where is this residential land & home lot located?
    The property is located at 509 S 5Th W Rexburg, ID.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 1.25 acres of Prime HDR1 land suitable for development.; - Potential to build up to 35 units according to city regulations.; - Utilities readily available: water, sewer, gas, power, phone, cable, and optix internet.
    (208) 313-5035
    Request Owner's contact information
    509 S 5Th W Rexburg, ID 83440
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    509 S 5Th W
    Rexburg, ID 83440
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 S 5Th W Rexburg, ID 83440
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.