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    65Th Idaho Falls, ID 83401

    For Sale
    $2,750,000

    Idaho Falls development opportunity. 14 acres, R-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 14.65-acre parcel presents a prime opportunity for townhome development in Idaho Falls, Idaho. Located on E 65th N, just west of 5th E, this property boasts a highly desirable R-2 zoning designation, permitting up to 17 units per acre. This density makes it ideally suited for a single-family build-to-rent project, easily accommodating attached garages and drive pads for each unit. The site's strategic location offers unparalleled convenience, with close proximity to the Idaho National Laboratory, Idaho State University's Idaho Falls campus, the Snake River Recreation Area, and the Sage Lakes Municipal Golf Course. A short drive also connects residents to downtown Idaho Falls. Existing infrastructure is a significant advantage, with utilities readily accessible on or near the property. The area is experiencing robust growth, evidenced by nearby multi-family and single-family developments currently underway or recently completed. Neighboring projects include Teton View Estates (80 platted lots) and the sold-out Fairway Estates, both indicators of strong market demand. The asking price for this exceptional development opportunity is $2,750,000. This property offers a unique blend of location, zoning, and market potential, making it an attractive investment for discerning developers.

    Property Features for 0 65Th

    General Information

    Property type
    Land
    Lot Size
    638,154 SF

    HighLights

    • $2,750,000 asking price.
    • 14.65‑acre land parcel.
    • R‑2 zoning, allowing up to 17 units per acre.
    • Located in Idaho Falls, ID, on E 65th N, near Idaho National Laboratory and Idaho State University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Idaho Falls
    County
    Bonneville
    State
    Idaho
    Longitude
    -112.03163250459
    Latitude
    43.553423683194

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    FAQs

    What type of property is this?
    Land - Idaho Falls development opportunity. 14 acres, R-2 zoning.
    Where is this land located?
    The property is located at 65Th Idaho Falls, ID.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: $2,750,000 asking price.; 14.65-acre land parcel.; R-2 zoning, allowing up to 17 units per acre.
    (208) 497-5500
    Request Owner's contact information
    65Th Idaho Falls, ID 83401
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    Idaho Falls, ID 83401
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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
    65Th Idaho Falls, ID 83401
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