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    800 Millhollow Rd Rexburg, ID 83440

    Sponsored
    For Sale
    $3,950,000

    79 Acres, Prime Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 79.11-acre agricultural property presents a unique development opportunity in Rexburg, Idaho. Located on the rolling hills above the city, this A1 Agricultural zoned land offers stunning views and significant potential. The property boasts convenient access via paved South Millhollow Road, providing frontage on both sides. All city utilities are readily available upon annexation into the City of Rexburg, a highly desirable prospect given the property's prime location bordering an established residential subdivision and East 700 South. While no water rights are included, development water rights are obtainable separately. The expansive lot size, coupled with its strategic location and access to infrastructure, makes this an ideal site for a variety of residential development projects. The property's APN is RPO6N40E320001. This is a remarkable opportunity to acquire a large parcel of land with significant upside potential in a rapidly growing area. The asking price for this exceptional property is $3,950,000. Serious inquiries only.

    Property Features for 800 Millhollow Rd

    General Information

    Property type
    Farms
    Lot Size
    3,446,032 SF

    HighLights

    • 79.11 acres of developable land in Rexburg, ID.
    • City utilities available, bordering a residential subdivision and East 700 South.
    • South Millhollow Road provides frontage on both sides.
    • Excellent annexation potential into the City of Rexburg.
    • City water, storm drainage, and other utilities available upon annexation; separate water rights acquisition required.
    • High potential for Rexburg annexation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Rexburg
    County
    Madison
    State
    Idaho
    Longitude
    -111.7632823
    Latitude
    43.8129963

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    FAQs

    What type of property is this?
    Farm - 79 Acres, Prime Development Potential
    Where is this farm located?
    The property is located at 800 Millhollow Rd Rexburg, ID.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: 79.11 acres of developable land in Rexburg, ID.; City utilities available, bordering a residential subdivision and East 700 South.; South Millhollow Road provides frontage on both sides.
    Request Owner's contact information
    800 Millhollow Rd Rexburg, ID 83440
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    Rexburg, ID 83440
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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
    800 Millhollow Rd Rexburg, ID 83440
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