1186 Cheney DrTwin Falls, ID 83301

Property Details for 1186 Cheney Dr

Lot size

1.79 AC

Property type

Land

Property subtype

Commercial land

APN

RPT31320010020

APU

RPT31320010020

Description

This exceptional 4.9-acre parcel, located at 1186-1258 Cheney Drive West in Twin Falls, Idaho (zip code 83301), presents a unique investment opportunity. Situated in a rapidly growing Northwest Twin Falls corridor, this property boasts C-1 zoning, allowing for diverse development possibilities. The land is ideally suited for a variety of uses, including multifamily, office, retail, or a combination thereof. A significant advantage is the existence of pre-approved plans for a 68-unit townhome project, complete with architectural drawings. This significantly reduces the time and cost associated with obtaining necessary approvals. Utilities are readily available at the site, streamlining the development process. The asking price for this strategically located and well-prepared property is $3,000,000. This represents a compelling opportunity to capitalize on the thriving Twin Falls market and build a substantial return on investment. The property's size and zoning flexibility offer considerable potential for future expansion and adaptation to evolving market demands. Don't miss this chance to acquire a prime piece of land in a dynamic and growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $16,446,225

  Hospitality

  $15,064,654

  Educational

  $12,533,615

  Medical

  $12,964,665

  Retail

  $19,496,734

Location Insight

City

Twin Falls

County

Twin Falls

State

Idaho

Latitude

42.5893

Longitude

-114.506

CBSA code

46300

CBSA name

TWIN FALLS, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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