0 Smith Canyon Rd Lava Hot Springs, ID 83246
This exceptional 319.7-acre estate ranch presents a unique development opportunity in Bannock County, Idaho. Located south of Pocatello and north of Downey, this property enjoys convenient access, just minutes from I-15, and is adjacent to the Lava Ranches master-planned community. Zoned for recreational use under the Bannock County comprehensive master plan, the Smith Canyon Ranch Project has pre-approval for a 75-lot private community with designated open space. The property's legal description includes the NE¼ of the NE¼ of Section 26, Township 10S, Range 37E, B.M., and NW¼ of the S½ of the NE¼ of the NE¼ NE¼ of Section 25, Township 10S, Range 37E, Bannock County, situated on Smith Canyon Road in Lava Hot Springs, ID, 83246. The asking price is $2,254,000, and the property is offered fee simple with APN numbers RPR42630314300 & RPR4263014500. This prime location and approved development plan make this a compelling investment for discerning buyers seeking a high-potential residential land development project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.