1550 Lakeview Dr Pocatello, ID 83201
This exceptional 10.34-acre development site in Pocatello, Idaho, presents a unique investment opportunity. Approved for 86 individually platted townhome lots, the property is zoned for Residential Medium Density Multi-Family (RMM). The site's strategic location adjacent to Ammon Park provides residents with convenient access to outdoor recreation. Its proximity to Interstate 15 ensures easy commuting. The planned townhome community will feature a mix of two and three-bedroom units, ranging from 1,500 to 1,800 square feet, each with a two-car garage. A clubhouse is also planned as an amenity. This development caters to the high demand for attainable housing in Pocatello's growing market, offering a compelling investment opportunity with strong potential for return. The property's location and planned amenities create a desirable living environment, attracting a wide range of buyers. This is a ready-to-develop site with approved plans for 86 townhome lots, making it an attractive option for developers seeking a high-demand location. The property is situated at 1550 Lakeview Dr, Pocatello, ID 83201, in Bannock County.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.