0 Hwy 51/Smith Rd Mountain Home, ID 83647
This exceptional 80-acre development site in Mountain Home, Idaho, presents a unique investment opportunity. Located at the intersection of SW Highway 51 and Smith Road, this property boasts a prime location near the Air Force Base, catering to the area's growing housing demand. The land is flat and ready for immediate development, with power readily available at the property line. Its strategic position offers excellent visibility and accessibility, making it ideal for a mixed-use development incorporating both residential and commercial components. Imagine a subdivision with homes nestled behind commercial spaces such as a gas station and convenience store, capitalizing on the high traffic count at this intersection. While city services are projected to arrive within two years, development can commence immediately using well and septic systems. The property's location provides easy access to both the Air Force Base and the scenic Bruneau/Grandview canyon area, appealing to a wide range of residents. The parcel's APN is RP04S06E030010. The asking price is $1,500,000, translating to $18,750 per acre. This represents a compelling investment in a rapidly expanding community with a significant need for housing. All information should be verified by the buyer.
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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