$3,950,000

Unimproved Land Shelley

  • 79.0 Ac lot
  • Updated: September 24
  • MLS#2189429

About the Property

Rare land-banking and near-term development opportunity in Shelley, Idaho, in one of the fastest-growing corridors of the Idaho Falls market. The Parks Subdivision offers 79 acres across two phases totaling 104 approved residential lots. Phase 3 (27 ac / 34 lots) is shovel-ready with trunk sewer in place and ~50% pressurized irrigation, minimal carry time to lot sales. Phase 4 (52 ac / 70 lots) is
Rare land-banking and near-term development opportunity in Shelley, Idaho, in one of the fastest-growing corridors of the Idaho Falls market. The Parks Subdivision offers 79 acres across two phases totaling 104 approved residential lots. Phase 3 (27 ac / 34 lots) is shovel-ready with trunk sewer in place and ~50% pressurized irrigation, minimal carry time to lot sales. Phase 4 (52 ac / 70 lots) is fully entitled and currently ag-leased, offering a strong land-bank play with approvals already secured. City of Shelley has agreed in writing to serve all lots, removing a major development risk. Site sits in Flood Zone C (outside the SFHA) with access off Center Street (1300 North). Phases 1 and 2 of The Parks are complete, sold out, and City-accepted, a proven track record on this subdivision. Priced competitively to comparable unentitled land in the Shelley/Bonneville County area, with built-in equity from day one. Entitled, sewer-ready ground like this is increasingly hard to find. Contact listing agent for the full Offering Memorandum.
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  • Property type

    Land

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TBD Glacier Ave, Shelley, ID 83274, Basalt, Idaho, United States View on Google Maps
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Bryce Bradshaw

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Bryce Bradshaw
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Keller Williams Realty East Idaho
Keller Williams Realty East Idaho
3525 Merlin Drive, 83404, Idaho Falls, United States
View agency profile
Last updated
September 24
First listed
September 24
Agent licence
#1371160
Listing reference
2162148096412004
Listing status
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