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Seller's Agent in 2022
Reed Raymond
Keller Williams Realty East Idaho
(208) 317-7799
58 Total Sales
R2 POTENTIAL DEVELOPMENT. 6.98 Acres adjacent to the soccer fields on the west side of Idaho Falls. Idaho Falls Planning and Zoning indicate a strong potential of annexation and rezoning to R2 which allows up to 17 units per acre. Buildings can be up to 3 stories high with that zoning. Property must be sold together with adjacent property of 5.166 Acres (for a total of just over 12 acres). Combined, the properties have two homes, and multiple outbuildings including two large shops. Homes are dated and in fair condition but rentable if an investor wanted to rent them out to recapture some of the acquisition costs. If successful in annexation and rezoning, this property would provide the closest townhome/apartment complex to the site with the potential of up to 200 units. Homes are available to see upon acceptable offer. Contingencies of a Due Diligence window to verify all required steps and requirements to annex, rezone, and verify viability of project will be considered with favorable offers. Based on discussion with the city, there is a high probability that the subdivision could have road access from the soccer complex park. The surrounding ground to the north and east is owned by the city and intended to expand the current park. Public water and sewer are near property.
Last Agent to Sell the Property
Keller Williams Realty East Idaho License #SP23038 Listed on: 09/08/2021
Last Buyer's Agent
Melissa Biggs
Keller Williams Realty East Idaho
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | -- | -- | -- |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $1,000,000 | -- | -- |
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Seller's Agent in 2022
Reed Raymond
Keller Williams Realty East Idaho
(208) 317-7799
58 Total Sales
Seller Co-Listing Agent in 2022
Steven Hatch
Keller Williams Realty East Idaho
(208) 227-5320
29 Total Sales
M
Buyer's Agent in 2022
Melissa Biggs
Keller Williams Realty East Idaho
Source: Snake River Regional MLS
MLS Number: 2139663