250 1750 Driggs, ID 83422
This exceptional 248.5-acre industrial land parcel presents a unique investment opportunity in Driggs, Idaho. Located at 250 E 1750 N, this property boasts approximately 1,650 feet of frontage on the Driggs Airport taxiway, offering unparalleled access and visibility. Currently used for agriculture, the land includes 380 shares of irrigation water rights. Zoned M-1 Light Industrial and situated within the Driggs Area of Impact, it's ideally suited for airpark development or a variety of light industrial uses. Enjoy breathtaking Grand Teton views from this prime location. The property features three 60-foot-wide deeded road/utility easements along State Highway 33 to the west boundary, and one 60-foot platted Rodeo Drive public road access to the southern boundary, facilitating potential subdivision per Teton County ordinances. City water and sewer are available in the vicinity, though annexation would be required. Negotiations are underway with the City of Driggs and the FAA regarding obstacle-free zone designation. The possibility of a through-the-fence aircraft taxiway access easement also exists. Detailed information, photos, and maps are available. This property offers significant potential for development and represents a rare opportunity in this desirable location. The asking price is $9,850,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.