For Sale
$1,450,000

559 Colorado Ave Idaho Falls, ID 83402

Prime Idaho Falls development land, 60 units projected.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 1.45 million dollar investment opportunity presents three 80'x100' building pads ideally suited for multi-family development in Idaho Falls, Idaho. Located at 559 Colorado Ave, 83402, this property boasts a prime location near major national retailers and offers easy access to I-15, ensuring convenient access for future residents. The site plan and engineering work have been completed and are available upon request. The property is zoned for a total of 60 units, each approximately 1,142 square feet. City utilities are already in place on the site. This contiguous parcel offers the potential for additional units or storage facilities, providing flexibility for expansion and future development. The property's proximity to Yellowstone National Park (approximately 1.5 hours away) adds to its appeal and potential for attracting renters. This is a rare opportunity to acquire a well-positioned, ready-to-develop multi-family land parcel in a thriving Idaho Falls market. Don't miss out on this chance to build a significant rental portfolio.

Highlights

  • $1,450,000 asking price for residential land.
  • Located at 559 Colorado Ave, Idaho Falls, ID 83402.
  • Three 80' x 100' building pads for multi-family development.
  • Projected for 60 units, approximately 1,142 sq ft per unit.
  • Convenient access to I-15 and major national retailers.
  • City utilities on-site; preliminary site plan and engineering available.

Property Details for 559 Colorado Ave

Property type
Land

Location Insight

City
Idaho Falls
County
Bonneville
State
Idaho
Latitude
43.493135343618
Longitude
-112.05521730817

FAQs

What type of property is this?
Land - Prime Idaho Falls development land, 60 units projected.
Where is the land located?
The property is located at 559 Colorado Ave Idaho Falls, ID.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: $1,450,000 asking price for residential land.; Located at 559 Colorado Ave, Idaho Falls, ID 83402.; Three 80' x 100' building pads for multi-family development.
How can I contact the broker?
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559 Colorado Ave
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