0 7Th Rexburg, ID 83440
This exceptional 5-acre parcel in Rexburg, Idaho, presents a remarkable infill development opportunity. Located on W. 7th S, this property is ideally situated adjacent to the BYU-Idaho campus, which boasts an enrollment exceeding 41,000 students. Zoned HDR-2 (High-Density Residential 2), the site allows for the potential development of up to 42 units per acre, making it perfect for a single or multifamily project. The property benefits from readily available utilities and is situated within a high-growth area, exhibiting a remarkable 7.5% growth rate within a one-mile radius over the past decade. This represents a strong, long-term investment in a consistently expanding area. This is the last remaining large parcel suitable for infill development in the Pedestrian Emphasis District, offering a unique chance to capitalize on the area's continued growth and proximity to a large student population. The property's location ensures strong potential for rental demand and long-term appreciation. Contact for pricing.
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.
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.