2 Acres of Residential Land for Sale in Rexburg, Idaho
795 S 5 W, Rexburg, ID 83440
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$950,000
2 acres
Active sale agoEst $9,161/mo
Fantastic development opportunity! This 2 acre parcel is zoned Medium Density Residential 2, allowing 20 units per acre for a total of 40 units. This property is a rare find with such close proximity to BYUI and zoning that allows townhomes. The property is bordered by Hyde Park apartments to the North, BYU Idaho-owned land to the East, and the old "Steiner" property, owned by the city, to the South. The city has already designated the "Steiner" property, a 3 + acre parcel, to be a public park, with green space and playgrounds. MDR2 zoning allows each unit to be platted and sold individually.
Property details
- County
- Madison County
- Community
- Hyde Park-mad
- Zoning
- REXBURG-MEDIUM DENSITY RESID 1
- Elevation
- 4,859 feet
- MLS Number
- SNRMLS 2163410
- Date Listed
Legal description
TAX 3 10 20 6N40E SEC 31
Property taxes
- 2023
- $3,003
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Lincoln 321El | Elementary | — | — |
Madison 321Jh | Middle | — | — |
Madison 321Hs | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 3, 2024 | Relisted | $950,000 | — | SNRMLS |
Mar 28, 2024 | Listing removed | $950,000 | — | — |
Feb 22, 2024 | New listing | $950,000 | — | SNRMLS |
Payment calculator
Tanner Kuhn
HomeSmart Premier Realty
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