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$2.265M - Rexburg
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  75-Acre Investment Property in Fast-Growing Rexburg      $2,625,000      View MLS Listing
 
  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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