COOK

Description

This beautiful 280 acre parcel is a true opportunity to invest in the next frontier for Rexburg, ID. The property lies within county jurisdiction but is adjacent/south across Pole Line Rd from city limits. At this time county zoning allows average densities of 16 acres; the property is not within Area of City Impact. It seems only a matter of time until the fast-paced growth of this community brings development to this beautiful area. City infrastructure is within 1/4 mile of the SW edge of the property and 3-phase electric is on site. Brigham Young University-Idaho, with its accompanying educational and religious buildings, is within 3/4 mile. In addition to 3960' frontage on Pole Line the property has 1320' frontage on 1100 East which is on the city/county's long-range plan for a main arterial from the SE end of the county and is 1/2 mile from Mill Hollow Road with many new executive 5-7,000 sq.ft. homes located on as large as 3/4 acre lots. Prices across the street are nearing $50,000/acre while this excellent property is only $25, 0000/acre with reasonable seller financing terms. This property IS appropriately priced for you to hold and wait for development to come to y