730 2NdRexburg, ID 83440

Property Details for 730 2Nd

Lot size

0.99 AC

Property type

Commercial real estate

APN

RPRXBCA0176500

APU

RPRXBCA0176500

Description

This exceptional 0.99-acre commercial land parcel in Rexburg, Idaho, presents a remarkable opportunity for businesses seeking a high-visibility location. Situated on North 2nd East, one of Rexburg's busiest thoroughfares, this property boasts unparalleled accessibility and exposure to a substantial daily traffic volume. The property is zoned CBC (Community Business Center) by the City of Rexburg, ensuring a streamlined development process. All essential city utilities are readily available on-site, eliminating infrastructure hurdles and accelerating project timelines. Existing entitlements significantly expedite construction approvals, minimizing delays and maximizing efficiency. Strategically located approximately two miles south of the Highway 20 Interchange and just north of Rexburg's city center, this property offers seamless connectivity to regional transportation networks and a thriving local market. This is an ideal site for businesses seeking a prominent presence in a dynamic and rapidly growing community. The property's prime location and advantageous zoning make it an exceptional investment for long-term growth and profitability. Don't miss this chance to establish your business in a vibrant commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $8,714,030

  6.5%

  $8,043,720

  7%

  $7,469,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,166,750

  Geo Method

  $9,166,750

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $16,165,400

  Retail / Commercial

  $8,225,080

  Mixed-Use / Specialty

  $8,144,990

  Hospitality / Lodging

  $5,909,620

  Office

  $8,043,720

  Institutional / Educational

  $8,449,360

  Residential Income

  $9,885,750

  Multifamily

  $12,137,900

  Automotive / Energy

  $7,242,310

  Parking / Income-Based Land

  $2,549,390

  Restaurant / Food Service

  $4,127,920

  Healthcare / Senior Housing

  $8,404,600

Location Insight

City

Rexburg

County

Madison

State

Idaho

Latitude

43.8411

Longitude

-111.777

CBSA code

39940

CBSA name

REXBURG, ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].