Property profile

0 Hoopes Ave Idaho Falls, ID 83401

OFF-MARKET
Land
2.84 ac lot
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Property summary

AI-generated overview

This exceptional 2.84-acre commercial land parcel in Idaho Falls, ID, presents a unique investment opportunity. Located on Hoopes Avenue, zip code 83401, in Bonneville County, this flat lot boasts a prime infill location ideal for developing an office park or campus, particularly suited for high-tech or medical businesses. The property enjoys easy access to key locations including 17th Street, Grand Teton Mall, and the College of Eastern Idaho (CEI), benefiting from the growth experienced in both Ammon and western Idaho Falls. Utilities are readily available, including public water and sewer, with telephone access to the lot. While the access roads are currently dirt, the property's strategic location and potential for development outweigh this factor. The absence of covenants, gutters, and sidewalks provides flexibility for future development plans. This is a rare opportunity to acquire a substantial parcel in a thriving area with significant growth potential. The asking price is $1,485,000.

Property profile

Verified
Property type Land
Lot 2.84 ac (123,710 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hoopes Ave Idaho Falls, ID 83401
Idaho Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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