0 Tbd Lewisville Hwy Idaho Falls, ID 83401
This exceptional 103.67-acre property presents a unique investment opportunity in Idaho Falls, Idaho. Strategically located on Lewisville Highway, it offers unparalleled access to key infrastructure and amenities. The property boasts a prime location near the Idaho National Laboratory and Department of Energy offices, just over a mile north of Highway 20's Lewisville Exit 310, and less than half a mile from the Sage Lakes Golf Course. The land is zoned for high-density residential development, with portions zoned R3 (19 acres) and R2 (8.1 acres). R3 zoning permits up to 35 units per acre, while R2 allows for up to 17 units per acre. An additional parcel, also annexed into the city and zoned R3, further enhances development potential. This property is offered at $13,390,000 and is being sold by owner. The property's address is TBD Lewisville Hwy, Idaho Falls, ID 83401, and the parcel numbers are RP03N38E322738 and RP03N38E324202. Detailed zoning information is available upon request. This is an exceptional opportunity to acquire a large, strategically located parcel with significant development potential in a rapidly growing area. Don't miss this chance to capitalize on the thriving Idaho Falls real estate market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.