Entitled Apartment Development
For Sale
Contact for pricing
187 1st St, Idaho Falls, ID 83401
Turn-key, fully entitled land parcel for a 43-unit apartment complex with approved architectural and civil engineering drawings.
Property SizeContact for details
Lot Size0.64 Acres
Days on Market124
Property Features for 187 1st St
General Information
Standard status
Active
Lot size
0.64 Acres
Property subtype
Land
Additional Details
Multifamily Units
40
Listing Agency:
Venture One Properties
(208) 542-7979
Listed By:
Shane Murphy · License #ID DB24210
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Venture One Properties
Investment Insights
Based on property information with market context.
Venture One Properties presents 187 1st Street, City Heights Apartments, a turn-key land parcel designed for a 43-unit apartment complex. The offering includes fully entitled development with architectural and civil engineering drawings stamped and approved by the MEPs, prepared for a ready-to-build apartment project.
The property is positioned in a residential and commercial mixed-use area with high visibility. It is located a few blocks from Downtown Idaho Falls and the Snake River Greenbelt.
The plan includes 43 apartments averaging approximately 733 SF each, along with commercial/office space options described as 2 units ranging from 1,000 SF at a $15 NNN lease rate, and additional space ranging from 1 to 3,500 SF at a $15 NNN lease rate, as outlined in the offering materials.
The property is positioned in a residential and commercial mixed-use area with high visibility. It is located a few blocks from Downtown Idaho Falls and the Snake River Greenbelt.
The plan includes 43 apartments averaging approximately 733 SF each, along with commercial/office space options described as 2 units ranging from 1,000 SF at a $15 NNN lease rate, and additional space ranging from 1 to 3,500 SF at a $15 NNN lease rate, as outlined in the offering materials.
Key Highlights
- 0.64‑acre turn‑key, fully entitled land parcel in central Idaho Falls, ID for a ready‑to‑build 43‑unit apartment complex
- Fully entitled project with architectural and civil engineering drawings stamped and approved by the MEPs
- Proposed 40 apartments with average approx. 733 SF and an average rent rate of $1,381/mo
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Explore this area
Business Placement
Demographics for 83401, ID
47,114
Population
16,026
Households
2.9
Avg Household Size
31
Median Age
30%
College-Educated
90%
High-School Grad
197.3 sq mi
ZIP Area
239
Density / Sq Mi
$75,870
Median Household Income
$35,293
Median Earnings
$1,132
Median Rent
$307,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Turn-key, fully entitled land parcel for a 43-unit apartment complex with approved architectural and civil engineering drawings.
Where is this residential land & home lot located?
The property is located at 187 1st St Idaho Falls, ID.
What are key features of this property?
This property features: 0.64‑acre turn‑key, fully entitled land parcel in central Idaho Falls, ID for a ready‑to‑build 43‑unit apartment complex; Fully entitled project with architectural and civil engineering drawings stamped and approved by the MEPs; Proposed 40 apartments with average approx. 733 SF and an average rent rate of $1,381/mo
