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Investment Highlights

  • Mixed-use development, offering retail and multifamily opportunities.
  • Prime location in the Rexburg Urban Renewal District.
  • Above-average annual market growth.
  • Visibility to over 24,428 vehicles per day passing by on Highway 20.
  • Conveniently located off of a major Rexburg exit, Exit 332 just 2 minutes away, with quick access to major retailers, hotels, and the high school.

Executive Summary

Rare expansive developement opportunity in Rexburg, ID. This 42,403 SF lot, offers an ideal opportunity for retail and commercial development. Boasting approximately 1,330 feet of Highway 20 frontage, the property enjoys high visibility to over 24,428 vehicles daily. Situated in the Rexburg Urban Renewal District, it presents a rare chance for re-zoning to commercial and multifamily use. With its strategic location just 2 minutes from major retailers, hotels, and the high school, this property is primed for maximum exposure and growth. Don't miss this above-average annual market growth opportunity in Rexburg.

Property Facts

Sale Type Investment
No. Lots 7
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 23.66 AC
Zoning LDR-1

7 Lots Available

Lot 1

Lot Size 3.29 AC

Lot 3

Lot Size 1.35 AC

Lot 4

Lot Size 1.35 AC

Lot 5

Lot Size 1.35 AC

Lot 6

Lot Size 8.05 AC

Lot 8

Lot Size 1.68 AC

Lot 9

Lot Size 6.59 AC

Description

This mixed-use development opportunity offers strong potential for both retail and multifamily uses, positioned in a highly visible and growing area of Rexburg. The site benefits from exposure to over 24,428 vehicles per day along Highway 20 and is located within the Rexburg Urban Renewal District. Convenient access is provided via Exit 332, placing the property just minutes from major residential growth and directly across from Madison High School, which serves approximately 1,400 students and faculty daily. Supported by above-average annual market growth, this location is well suited for investors and developers seeking long-term value in a rapidly expanding market.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
RPRXBCA0362416
Land Assessment
$13,335
Improvements Assessment
$16,941
Total Assessment
$30,276
  • Listing ID: 35290468

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 1025 W 7th S, Rexburg, ID 83440

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