5.18 Acres N 2nd E,Rexburg, ID 83440
Rexburg, ID 83440
Description
Positioned in the direct path of expansion, this 5.18-acre commercial parcel offers a compelling investment opportunity in the rapidly growing north corridor of Rexburg. Located just off North 2nd East, the site benefits from strong visibility, efficient access, and increasing traffic counts driven by sustained residential growth and ongoing commercial development in the immediate area. From an investment standpoint, the property delivers both flexibility and scalability. Its size and configuration support a range of income-producing strategies, including phased development, multi-tenant retail or office projects, pad site sales, or the potential for build-to-suit opportunities. The seller is open to potential parcel splits, further enhancing optionality and allowing investors to tailor development or disposition strategies. The ability to subdivide creates multiple exit strategieswhether through parcel disposition, long-term lease-up, or portfolio holdallowing investors to adapt to shifting market conditions. The surrounding area continues to see steady absorption, supported by nearby users such as Madison Armory and close proximity to Rexburg's primary retail corridor. Strong tenant demand and population growth support stable income with long-term upside.
Details
| MLS # | 2185914 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 119 |
| Listing Provided By | Keller Williams Realty East Idaho | Ryan Lerwill |
Features
| Zoning | General Zoning: Commercial,Speci |
|---|---|
| Acreage | 5.18 |
Taxes
| Property | 5302 |
|---|
Area Information
| State | ID |
|---|---|
| County | Madison |
| City | Rexburg |
| Zip Code | 83440 |
| Community Name | Wight |
| Listing VS Median (in Wight) | |
Price: $3,393,176 low | high Med: $0 On site: 119 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | ID |
|---|---|
| County | Madison |
| City | Rexburg |
| Zip Code | 83440 |
| Community Name | Wight |
| Listing VS Median (in Wight) | |
Price: $3,393,176 low | high Med: $0 On site: 119 low | high Med: | |