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$1,900,000
Est. payment /mo
8.38 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land Undeveloped
Listing Status Active
Purchase Type For Sale
Subdivision Old Farm Estates-Mad
MLS Listing ID 2176439
Annual Tax Amount $40
Tax Year 2024
Lot Size 8.383 Acres
Acres 8.383
Property Sub-Type Land Undeveloped
Property Description
Unlock exceptional development potential with this rare offering in the heart of Sugar City, Idaho. Located in the desirable Old Farm Estates subdivision, this R3-High Density Residential parcel allows for multi-family development of up to 16 units per gross acre, perfect for apartments, townhomes, or twin homes. The flexible zoning also opens the door for mixed-use projects with commercial components, giving developers and investors a versatile platform to meet growing housing and retail demands. Strategically positioned just minutes from BYU-Idaho, Walmart, local schools, and major retail corridors, this site boasts excellent access and visibility. The upcoming new temple—just 1.5 miles away—enhances the area's regional draw, adding to consistent visitor traffic and long-term economic potential. Surrounded by ongoing development and with utilities nearby, this is a prime opportunity to capitalize on Sugar City's growth. Whether you're an investor seeking strong returns or a builder ready to launch your next project, this parcel delivers the ideal foundation.
Location
State ID
County Madison
Area Madison
Zoning SUGAR CITY-R3-HIGH DENS RES
Direction W
Interior
Hot Water None
Exterior
Topography Flat
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Central 322El
Middle Schools Sugar Salem 322Jh
High Schools Sugar Salem 322Hs
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Not Applicable
Virtual Tour https://www.youtube.com/watch?v=bQjMHOuZF0Q
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Listed by Keller Williams Realty East Idaho