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    5218 Highway 20 Island Park, ID 83429

    For Sale
    $12,000,000

    COMMERCIAL - Island Park, ID

    Lot size:
    124.50 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 5218 Highway 20

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    RPI15N43128702
    Lot size
    124.50 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well
    Water front
    1

    Axen Realty (208) 434-7122

    Listing agent Jake Johnson (307) 413-8488

    Listing date Oct 2, 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

    Island Park Commercial/Residential Land

    This 124-acre property in Island Park offers both commercial and residential development opportunities. Approximately 10 acres are zoned for commercial use, allowing for diverse business ventures. The property features views of the surrounding mountains and Henrys Lake. Located just north of the intersection of HWY 20 and HWY 87, it has 900 feet of highway frontage and is 14 miles from the west entrance of Yellowstone National Park. Existing improvements include two 1,250 sq ft cabins and two 480 sq ft tree houses, all constructed within the last 5 years. The cabins have full kitchens, full bathrooms, living rooms, and porches with hot tubs. The tree houses offer views from their location among the Douglas fir trees. The property has two wells and natural springs. The back of the property borders Targhee National Forest and is abundant with wildlife.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Bakery Travel Agency Laundry Service Laundromat Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Island Park
    County
    Fremont
    State
    Idaho
    Longitude
    -111.3242812
    Latitude
    44.63549911

    Nearby Similar for Sale

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      Island Park RV Ready Land

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      Island Park Mixed-Use Commercial Property

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    FAQs

    What type of property is this?
    Commercial land - 124 acres with commercial zoning near Yellowstone National Park.
    Where is this commercial land located?
    The property is located at 5218 Highway 20 Island Park, ID.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - 124 acres with both commercial and residential zoning, unlocking diverse development potential.; - Prime location near HWY 20 and HWY 87, boasting 900 ft of highway frontage.; - Close proximity to Yellowstone National Park (just 14 miles to the west entrance).
    (307) 413-8488
    Request Owner's contact information
    5218 Highway 20 Island Park, ID 83429
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    Island Park, ID 83429
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    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
    5218 Highway 20 Island Park, ID 83429
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