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$1,290,000
Est. payment /mo
25.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land Developed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2161491
Annual Tax Amount $161
Tax Year 2023
Lot Size 25.500 Acres
Acres 25.5
Property Sub-Type Land Developed
Property Description
PROPERTY IS UNDER CONTRACT WITH BUYER CONTINGENCIES: Located just west of Rexburg, Idaho, on South 12th West, this expansive 25.5-acre parcel of land offers a unique blend of prime real estate features and outstanding accessibility. Its notable characteristics make it an attractive prospect for various development opportunities! The property boasts excellent highway visibility and substantial frontage along US-20, ensuring that it stands out prominently to passersby and provides easy access for both residents and businesses. Convenient access to the highway via the middle Rexburg exit and south Rexburg exit, making it easily accessible from all directions. Within walking distance of both Burton Elementary School as well as Madison High School. Close to BYU-Idaho and downtown Rexburg amenities. Parcel is currently zoned with a mix of Low Density Residential 1 and Low Density Residential 2, offering flexibility for various housing types and densities. This flexibility accommodates diverse housing needs and can be adapted to match market demands and development goals. City water main and sewer main located on 12th west but buyer would have to verify ability for connectivity with the City of Rexburg.
Location
State ID
County Madison
Area Madison
Zoning REXBURG-LOW DENSITY RESIDEN 2
Direction S
Interior
Hot Water Surface Water, Flood System
Building
Sewer Other
Water Other
Schools
Elementary Schools Burton 321El
Middle Schools Madison 321Jh
High Schools Madison 321Hs
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Not Applicable
Virtual Tour https://www.youtube.com/watch?v=enKFnMMK3Yw
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Listed by Keller Williams Realty East Idaho