Property profile

0 Snake Riv Pkwy & Pioneer Rd Idaho Falls, ID 83402

OFF-MARKET
Land
1.88 ac lot
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Property summary

AI-generated overview

This exceptional 1.88-acre commercial land offering presents a unique development opportunity in Idaho Falls, Idaho. Located at the intersection of Snake River Parkway and Pioneer Road, this property boasts a highly desirable location within the thriving Snake River Landing area. Zoned CC-1, Central Commercial, this two-lot parcel is ideally suited for a variety of commercial ventures. The land is priced at $1,200,000, or $14.65 per square foot. Its strategic position offers significant advantages, including adjacency to a newly constructed large multi-family residential community, ensuring a robust customer base. Furthermore, the property's proximity to established restaurants, retail businesses, and the prestigious Mountain America Event Center guarantees high visibility and consistent foot traffic. This translates to exceptional exposure for any commercial development, making it an attractive investment with substantial growth potential. The combined lots provide flexibility for a larger-scale project, capitalizing on the area's booming commercial and residential growth. This is a rare opportunity to acquire a prime commercial property in a rapidly expanding market. The Bonneville County location and 83402 zip code further enhance its appeal.

Property profile

Verified
Property type Land
Lot 1.88 ac (81,893 SF)

Cap rate & NOI

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

Location

Snake Riv Pkwy & Pioneer Rd Idaho Falls, ID 83402
Idaho Falls metro
Google Maps

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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