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75-Acre Investment Property in Fast-Growing Rexburg
$2,625,000
View MLS Listing
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This is a fantastic investment opportunity!
This property spans approximately 75 acres just west of fast-growing
downtown Rexburg (America's Family Community!) and is
currently zoned Transitional Agriculture 2, which means a minimum
lot size of 2 acres if subdivided. The listing actually includes
two parcels: RP06N39E144211 and RP06N39E144489, which are
contiguous with land that was recently re-zoned Single Family Residential
R-1 (minimum lot size of 1 acre). The fast-paced growth of
the Rexburg community is sure to bring rapid development to this lovely
area (with views of the hills of Rexburg and the new temple), and re-zoning
to R-1 would almost certainly be approved.
A double-wide mobile home with full basement currently sits on parcel
RP06N39E144489. The other parcel includes multiple outbuildings.
Additionally, the property includes excellent water rights.
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