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4652 S Yellowstone Hwy - 4652 - Hwy 20 & Yellowstone Hwy 1.5 - 1.51 Acre Commercial Land Lots Offered at $350,000 - $353,500 Per Lot in Rexburg, ID 83440

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INVESTMENT HIGHLIGHTS

  • Highway 20 Frontage & Exit 328 Access – ±29,500 AADT for maximum visibility and traffic capture.
  • Strategic Growth Location – Across from Thunderbird Business Park in Thornton’s rapidly expanding commercial/residential area.
  • Cleared & Development-Ready – Former building removed; flat site prepared for immediate construction.
  • Flexible Deal Structure – Available for sale or build-to-suit leaseback with Trellis Development.

EXECUTIVE SUMMARY

4652 S Hwy 20 – Prime Highway Frontage
Rexburg, Idaho | Exit 328 | ±29,500 AADT
Exceptional Location & Visibility
Positioned directly off Highway 20 at Exit 328, this high-profile property offers outstanding exposure to more than 29,500 vehicles per day (AADT).
It sits directly across from the thriving Thunderbird Business Park and at the front door of Thornton’s rapidly growing commercial and residential corridor.
Easy on/off access makes it a perfect destination for high-traffic retail or quick-service uses.
Market Growth
Thornton is experiencing accelerated development, with new housing, retail, and industrial projects reshaping the area.
Its location between Rexburg and Rigby positions it as a natural regional stop for commuters, residents, and travelers heading to and from Yellowstone, Island Park, and the greater Idaho Falls market.
Ideal Uses
- Gas Station & Convenience Store: Capitalize on steady highway traffic and daily commuter flow.
- Quick-Service or Fast Casual Restaurant: Perfect site for drive-thru concepts seeking strong visibility and easy access.
- Neighborhood Retail (e.g., Family Dollar, Dollar General, or small grocery): Serve the growing residential base and surrounding rural communities.
Key Property Highlights
- Direct Highway 20 access at Exit 328
- 29,500 AADT providing constant customer exposure
- Across from Thunderbird Business Park, home to multiple corporate headquarters and new industrial growth
Level site with utilities available and flexible layout options
Contact
Jake Thompson
Partner | Trellis Development
?? 208-520-7641 | ?? jake@trellisdevelopment.com

PROPERTY FACTS

Price $350,000 - $703,500
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Lease Option
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Auto Dealership
  • Bank
  • Convenience Store
  • Drugstore
  • Fast Food
  • Hotel
  • Motel
  • Movie Theater
  • Movie, Radio or Television Studio
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Truck Stop
Total Lot Size 3.01 AC
Zoning Commercial

2 LOTS AVAILABLE

Lot 1

Price $350,000
Price Per AC $233,333.33
Lot Size 1.50 AC

Excellent visibility and access off HWY 20 Exit 328 on Yellowstone HWY. Over 29,500 vehicles daily across the overpass. Prime location for gas station, convenience, or retail use with strong traffic exposure and easy on/off access.

Lot 2

Price $353,500
Price Per AC $234,105.96
Lot Size 1.51 AC

Excellent visibility and access off HWY 20 Exit 328 on Yellowstone HWY. Over 29,500 vehicles daily across the overpass. Prime location for gas station, convenience, or retail use with strong traffic exposure and easy on/off access.

DESCRIPTION

4652 S Hwy 20 – Rexburg, Idaho Prime 1.75± acre commercial lot directly off Highway 20 at Exit 328 with 29,500 AADT. The site previously had a building and has been cleared and is ready for immediate development. Utilities include a private well and sewer. Located across from Thunderbird Business Park in the fast-growing Thornton commercial and residential corridor, this property is ideal for gas/convenience, quick-service restaurant, or neighborhood retail. Flexible options available: purchase outright or partner with Trellis Development for a build-to-suit leaseback.

  • Listing ID: 37685591

  • Date on Market: 9/15/2025

  • Last Updated:

  • Address: 4652 S Yellowstone Hwy, Rexburg, ID 83440

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