0 49 Iona, ID 83401

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.