Shovel-Ready Multifamily Development
For Sale
$2,250,000
516 riverside, Pocatello, ID 83204
LAND - Pocatello, ID
Property SizeContact for details
Lot Size3.03 Acres
Days on Market40
Property Features for 516 riverside
General Information
Property type
Land
Property subtype
Other
Zoning
Neighborhood Comm/Pro
Lot features
Low Traffic
Elementary school
Jefferson
Middle school
Irving
High school
Pocatello
Subdivision
West Pocatello
Standard status
Active
Lot size
3.03 Acres
Taxes and HOA fees
Tax Annual Amount
1194
Listing Agency:
Mountain Retreat Real Estate
(208) 339-3200
Listed By:
Ryan Olsen · License #24996T
(208) 339-3200
Added: Jun 27
Changed: Jun 30
Last Checked: Aug 5 at 7:06PM
MLS# 582945
Copyright © 2026 Greater Pocatello Association of REALTORS®. 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 offering is a shovel-ready land development parcel sized at 3.03 acres, positioned for a multifamily project known as Aspen Apartments. The listing states the development is fully approved and permit-ready, with engineering and civil plans prepared. It is also presented as “entitlement-ready,” with entitlements and plans transferring with the sale to reduce the time typically associated with municipal processing and pre-development soft costs.
The site is located along the Portneuf River corridor, with access to nearby Sacajawea Park trails. The property is described as steps from the trail area, minutes from Idaho State University, and within easy reach of Portneuf Medical Center.
For developers and investors seeking a land basis with documentation already in hand, the practical appeal here is the stated ability to move from acquisition to groundbreaking with minimal delay. The zoning is listed as Neighborhood Comm/Pro, providing a framework for the proposed multifamily use as presented in the approved project materials. This is a straightforward fit for parties who want to avoid starting at the entitlement stage and instead focus on construction execution using the transferred plans and approvals.
The site is located along the Portneuf River corridor, with access to nearby Sacajawea Park trails. The property is described as steps from the trail area, minutes from Idaho State University, and within easy reach of Portneuf Medical Center.
For developers and investors seeking a land basis with documentation already in hand, the practical appeal here is the stated ability to move from acquisition to groundbreaking with minimal delay. The zoning is listed as Neighborhood Comm/Pro, providing a framework for the proposed multifamily use as presented in the approved project materials. This is a straightforward fit for parties who want to avoid starting at the entitlement stage and instead focus on construction execution using the transferred plans and approvals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 83204, ID
18,408
Population
8,238
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
280.1 sq mi
ZIP Area
66
Density / Sq Mi
$55,191
Median Household Income
$33,806
Median Earnings
$748
Median Rent
$233,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully approved, permit-ready multifamily development site with entitlements and plans transferring with the sale.
Where is this residential land & home lot located?
The property is located at 516 riverside Pocatello, ID.
What is the asking price?
The asking price for this property is $2,250,000.
