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Property profile

0 65Th Idaho Falls, ID 83401

OFF-MARKET
Commercial real estate
14.65 ac lot
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Property summary

AI-generated overview

This exceptional 14.65-acre parcel presents a prime opportunity for townhome development in Idaho Falls, Idaho. Located on E 65th N, just west of 5th E, this property boasts a highly desirable R-2 zoning designation, permitting up to 17 units per acre. This density makes it ideally suited for a single-family build-to-rent project, easily accommodating attached garages and drive pads for each unit. The site's strategic location offers unparalleled convenience, with close proximity to the Idaho National Laboratory, Idaho State University's Idaho Falls campus, the Snake River Recreation Area, and the Sage Lakes Municipal Golf Course. A short drive also connects residents to downtown Idaho Falls. Existing infrastructure is a significant advantage, with utilities readily accessible on or near the property. The area is experiencing robust growth, evidenced by nearby multi-family and single-family developments currently underway or recently completed. Neighboring projects include Teton View Estates (80 platted lots) and the sold-out Fairway Estates, both indicators of strong market demand. The asking price for this exceptional development opportunity is $2,750,000. This property offers a unique blend of location, zoning, and market potential, making it an attractive investment for discerning developers.

Property profile

Verified
Property type Commercial real estate
Lot 14.65 ac (638,154 SF)

Cap rate & NOI

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

Location

65Th Idaho Falls, ID 83401
Idaho Falls metro
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Value estimations

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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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