Property profile

1061 Eastland Dr Twin Falls, ID 83301

OFF-MARKET
Land
0.64 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire prime commercial land in the desirable Canyon submarket of Twin Falls, Idaho. The property comprises four lots located on Eastland Drive, offering convenient access to Blue Lakes Boulevard, Twin Falls' main arterial. Lots 1 and 2, each approximately 0.64 and 0.68 acres respectively, are zoned PUD and priced at $12 per square foot. Lots 3 and 4, totaling 1.043 and 2.024 acres respectively, are currently under contract. The R-2 zoning on lots 3 and 4 allows for single-family residential development (minimum 6,000 square foot lot) or duplexes (minimum 10,000 square foot lot). However, the City Land Use Map designates the area as Neighborhood Commercial, presenting potential for rezoning to expand development options. This makes this property an excellent owner-user or development opportunity, providing flexibility for a variety of commercial or residential projects. The property's strategic location and zoning flexibility make it a highly attractive investment in a thriving Idaho market. The address for the available lots is 1072 and 1073 Eastland Drive, Twin Falls, ID 83301. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Land
Lot 0.64 ac (27,878 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Church
  • High School

Location

1061 Eastland Dr Twin Falls, ID 83301
Twin 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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