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Avenida del Rio

Twin Falls ID 83301

375487.2 sq. ft.
Land
Currently for sale - view listing

Overview

Multi-family development land located in a growing area in Southern Idaho - Twin Falls. 8.62 Acre lot in prime location, close to the canyon rim, major retailers, restaurants, the College of Southern Idaho & Interstate I-84. Surrounded by new, existing and expanding multi-family developments, Rivercrest Apartments to the north recently completed a 100 unit expansion. Easy access to Pole Line and Blue Lakes Boulevard. Twin Falls Canyon Rim Set-Back Requirements do not apply. Project is ?Fully Vested? for 314 multi-family units in four buildings, each in a four story configuration: A. First step of the entitlement process, ?The P&Z Development Agreement? in place - B. Buyer can step in and participate in the remaining required legislative approval. The next step is the ?Site Only Commercial Permit Application? which only requires staff approval. At this stage, the buyer submits their own architectural renderings, site plans, unit mix, and elevations. Upon approval of this stage, construction can begin.

Features

375487.2 sq. ft. lot size
Land

Happy sellers in Twin Falls

86%
86% of sellers in Twin Falls reported that their sale price either exceeded or met their price expectations.

Twin Falls stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Twin Falls over the last 12 months.

Local market activity for land plots in Twin Falls

In the last 12 months, 38 land plots similar to Avenida del Rio, have been sold.

This represents a 60% increase in land plots sales when compared to the previous 12 months.

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