Highlights

• Gentle rolling plains
• Incredible mountain & city views
• Potential for 100% appreciation

• Seller financing
• 9.9% average population growth over 6+ years in Rexburg
• The next frontier/neigbhorbood

Description

This beautiful 280 acre parcel is a true opportunity to invest in the next frontier for Rexburg, ID. The property lies within county jurisdiction but is adjacent/south across Pole Line Rd from city limits. At this time county zoning allows average densities of 16 acres; the property is not within Area of City Impact. It seems only a matter of time until the fast-paced growth of this community brings development to this beautiful area. City infrastructure is within 1/4 mile of the SW edge of the property and 3-phase electric is on site. Brigham Young University-Idaho, with its accompanying educational and religious buildings, is within 3/4 mile. In addition to 3960' frontage on Pole Line the property has 1320' frontage on 1100 East which is on the city/county's long-range plan for a main arterial from the SE end of the county and is 1/2 mile from Mill Hollow Road with many new executive 5-7,000 sq.ft. homes located on as large as 3/4 acre lots. Prices across the street are nearing $50,000/acre while this excellent property is only $25, 0000/acre with reasonable seller financing terms. This property IS appropriately priced for you to hold and wait for development to come to y

East on Main Street, south on 2ndEast to T in road, east on Pole Line to property.

Rexburg is one of the fastest growing cities in Idaho, averaging 9.9% (54.4% total) growth from census 2000 to 07/2006. In 2001 the local junior college, privately owned by the LDS Church, announced the move to become a 4-year university know as Brigham Young University - Idaho. Immediately after that annuouncement the growth in Rexburg became explosive and is still gathering momentum. In spring '07 the University announced authorization for a 20% increase in student body; we believe the strongest growth is yet to come. Rexburg is 30 miles north of Idaho Falls so has become the commercial center for the geographic area from Rexburg north to West Yellowstone, MT and east to Driggs, ID. The quality of life in Rexburg is tremendous with relatively inexpensive land and housing prices, clean air and water, a progressive and well educated populous which spills over into 'city hall' and the attitude to work together for quality growth in the area.