Investors take note! This 25.61-acre property zoned Multi-Family is the ultimate development opportunity. Platted for 300 townhome pads, it is perfectly situated in a prime Idaho Falls location. Located near Idaho State University, Idaho National Laboratory's Energy Systems and Innovation Buildings, and the Church of Latter Day Saints Temple this property offers immense potential for high ROI returns. This property is also just a stone's throw away from Freeman Park, downtown Idaho Falls, and the iconic Greenbelt. With easy access to the interstate, this property presents an ideal gateway to nearby National Parks and recreation opportunities, making it the perfect location for those seeking an active lifestyle. Rest easy knowing that a geotechnical soils report has already been performed, and preliminary platted plans have been submitted, with the anticipated final approval set to take place mid-Summer 2023. This property is a rare opportunity to invest in a lucrative real estate market, with the added benefit of a prime location and a solid infrastructure nearby. Don't let this opportunity slip away - schedule a viewing today.
Presented By: Keller Williams Realty East Idaho
Interior Features for TBD N 5th W
Other Interior Features
TelephoneOther-See Remarks
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NNo
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NNo
General for TBD N 5th W
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityIdaho Falls
Community FeaturesNo Curbs, No Gutters, No Sidewalks
ConcessionsNo
CountyBonneville
DirectionsFrom Idaho Falls, head northwest on A Street toward S Captial Ave., turn right at the 2nd cross street onto Memorial Dr. At the traffic circle, take the 3rd exit on to Memorial Dr./Riverside Dr., then co
Zoning DescriptionGeneral Zoning: Res-Multi-Family, Specific Zoning: Idaho Falls-R3-Multi Dwel Res
Exterior for TBD N 5th W
Exterior AmenitiesNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesUnknown Soil Type, Level, High Traffic, Near Golf Course, Near Green Belt, Near Park, Near Site Bus Stop, Near Stream/River, Near University/College
Lot Size Acres25.61
Lot Size Area25.61
Open Parking Y/NNo
OwnerPhoneD & R DEVELOPMENTS, LLC
Road Surface TypePaved
SpaNo
Water SourceNone
Additional Details
Price History
Schools
Middle SchoolEagle Rock 91Jh Middle School
High SchoolSkyline 91Hs High School
Elementary SchoolTemple View 91El Elementary School
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