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Tbd Southwest Highway 51/Smith Rd
Mountain Home, ID 83647
80 Acre Development Land · Land For Sale · 80.00 AC

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INVESTMENT HIGHLIGHTS

  • Development
  • Prime Location
  • Frontage, Store
  • Gas Station
  • Flat

EXECUTIVE SUMMARY

1. Why is Mountain Home seeing so much growth?
Mountain Home is already a strategic commuter town to Boise — and now with two major casino/resort projects announced, the city is poised for major tourism, job, and housing growth.
2. How big are the casino projects?
The Shoshone-Paiute resort includes a 50,000 sq ft casino, 200-room hotel, event center, and restaurants.
The Shoshone-Bannock resort includes a large casino, hotel, and related amenities.
Combined, they’re projected to massively boost the local economy.
3. When will construction start?
Both projects have announced intent to move forward, with land options already secured and early planning phases active. Investors looking to secure land before ground breaks are in the best position to maximize gains.
4. What can I do with the land?
The parcels available are versatile:
Residential subdivisions
Multi-family housing
Commercial development (to support new population and visitors)

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Industrial
  • Apartment Units - Condo
  • Apartment Units - Subsidized
  • Baseball Field
  • Contractor Storage Yard
  • Convenience Store
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Master Planned Community
  • Planned Unit Development
  • Self Storage
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Trailer or Camper Park
  • Agricultural
  • Agribusiness
  • Pasture Ranch
Total Lot Size 80.00 AC
Cross Streets Smith and HWY 51
Zoning R

1 LOT AVAILABLE

Lot

Price $1,500,000
Price Per AC $18,750.00
Lot Size 80.00 AC

Level 80 acre lot.

DESCRIPTION

Mountain Home needs more housing and is experiencing growth. Location is prime. The town is growing in this direction and is located in the impact area. This property is ready for development. With both crossroads, either going to the Air Force Base or down the canyon to Bruneau/Grandview, this would provide easy access to work and play. The electrical is next to the property. Great for a gas station on the corner with storefrontage & residential behind. City services are getting closer, but you can start now with a well and septic. The agent has been in contact with the county and city planning and zoning departments and has established a good relationship to help with this process; they will likely agree or work hard to make it a win-win. The agent is willing to help and make the necessary connections. Mountain Home would greatly appreciate more homes, allowing people to live locally and avoid commuting from Boise. The agent has a report made by the Air Force base reporting on numbers & the need for housing. Please ask & she will share. Buyer & buyer agent to verify all information.

  • Listing ID: 22571483

  • Date on Market: 3/26/2021

  • Last Updated:

  • Address: Tbd Southwest Highway 51/Smith Rd, Mountain Home, ID 83647

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