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    OFF-MARKET
    Land

    0 49, Iona, ID 83401

    156.68 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 156.68-acre commercial land parcel presents a remarkable development opportunity in Idaho Falls, Idaho. Strategically located at the northeast corner of 5th East and 49th North, this property boasts convenient access to Highway 20, enhancing its appeal for a wide range of commercial ventures. Recently annexed into the City of Idaho Falls, this development-ready site benefits from readily available city services, eliminating infrastructure hurdles. The property's zoning designation, encompassing R3A, LC (Limited Commercial), and HC (Highway Commercial), offers considerable flexibility for diverse projects. Irrigation rights are included, adding significant value. The expansive, flat terrain is further enhanced by paved roads on two sides, simplifying construction and logistics. All utilities are accessible across the road in the adjacent Fairway Estates. The asking price for this prime location is $17,950,000. The APN is RP03N38E324849. This is a truly exceptional opportunity for investors seeking a high-potential development site in a rapidly growing area. All offers will be considered.

    Property profile
    Verified
    Property type Land
    Lot 156.68 ac (6,824,981 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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