$3,407,176

5.18 Acres N 2nd E Rexburg, ID 83440

Estimated payment $18,382/month

5.18 Acres
$657,756 Price per Acre
225,641 Sq Ft Lot

About This Lot

Positioned in the direct path of expansion, this 5.18-acre commercial parcel offers a compelling investment opportunity in the rapidly growing north corridor of Rexburg. Located just off North 2nd East, the site benefits from strong visibility, efficient access, and increasing traffic counts driven by sustained residential growth and ongoing commercial development in the immediate area. From an investment standpoint, the property delivers both flexibility and scalability. Its size and configuration support a range of income-producing strategies, including phased development, multi-tenant retail or office projects, pad site sales, or the potential for build-to-suit opportunities. The seller is open to potential parcel splits, further enhancing optionality and allowing investors to tailor development or disposition strategies. The ability to subdivide creates multiple exit strategies—whether through parcel disposition, long-term lease-up, or portfolio hold—allowing investors to adapt to shifting market conditions. The surrounding area continues to see steady absorption, supported by nearby users such as Madison Armory and close proximity to Rexburg's primary retail corridor. Strong tenant demand and population growth support stable income with long-term upside.

Listing Agent

Ryan Lerwill

Keller Williams Realty East Idaho Listed on: 04/29/2026

Keller Williams Realty East Idaho

Co-Listing Agent

Jeff Lerwill

Keller Williams Realty East Idaho

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,303

Lot Details

  • 5.18 Acre Lot
  • Dirt Road
  • Level Lot

Utilities

  • Gas Available

Community Details

  • Wight Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,303

Lot Details

5.18 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 5.18
  • Road Surface Type: Dirt
  • Co List Office Mls Id: 3046
  • Co List Office Phone: 208-529-8888
  • Subdivision Name: Wight
  • Directions: Heading east on Main Street Rexburg, turn left onto N 2nd E. Continue for approx. 1.5 miles. Property is located on the right hand side of the road just after the stoplight and after Curt's Corral.
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Level, High Traffic, Interstate Exit/Access, Near Mall/Shop, Near University/College
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Electric: Rocky Mountain Power
  • Electricity On Property: No
  • Water Source: Public
  • Gas Company: Available

Condo/Co-op/Association

  • Community Features: No Curbs, No Gutters, No Sidewalks

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 225640.8
  • Zoning Description: General Zoning: Commercial,Specific Zoning: Rexburg-Community Business Cnt

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 5302.9

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2026 04/29/26 For Sale $3,407,176 -- --
Source: Snake River Regional MLS

Source: Snake River Regional MLS

MLS Number: 2185914

Snake River Regional MLS
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