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    00 1500 Driggs, ID 83422

    For Sale
    $9,850,000

    252 Acres, Grand Teton Views, M-1 Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 252.57-acre property boasts a prime location in Driggs, Idaho, offering approximately 1,650 feet of frontage on the Driggs Airport taxiway. Currently used for agriculture, the land includes 280 shares of valuable irrigation water rights. Its M-1 Light Industrial zoning makes it ideally suited for airpark development or a variety of light industrial uses. Enjoy breathtaking views of the Grand Teton mountain range from this desirable location within the Driggs Area of Impact. Access is facilitated by three deeded 60-foot-wide road and utility easements extending from State Highway 33 to the western boundary, and one 60-foot platted public road access from Rodeo Drive to the southern boundary. These easements comply with Teton County ordinances for subdivision. City water and sewer services are available in the vicinity

    Property Features for 00 1500

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,001,949 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Garden Center Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Driggs
    County
    Teton County
    State
    Idaho
    Longitude
    -111.0659
    Latitude
    43.70105

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    FAQs

    What type of property is this?
    Commercial real estate - 252 Acres, Grand Teton Views, M-1 Zoning
    Where is this commercial real estate located?
    The property is located at 00 1500 Driggs, ID.
    What is the asking price?
    The asking price for this property is $9,850,000.
    (208) 354-2439
    Request Owner's contact information
    00 1500 Driggs, ID 83422
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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
    00 1500 Driggs, ID 83422
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