What is the asking price for Prime Multifamily Infill?

The lease rate for space here is $1,900,000.

What is the total size of Prime Multifamily Infill?

The total area of Prime Multifamily Infill is 8.73 Acres.

How many parking spaces are available at Prime Multifamily Infill?

Parking information for the property isn't currently listed. However, other nearby parking options include Idaho National Laboratory Park and Ride, located 0.34 miles away , and Idaho Falls High School/Civic Center Parking, which is 1.35 miles away.

TBD Vernon, Idaho Falls, ID 83401

For Sale $1,900,000
Property Type VacantLand
Lot Size 8.73 Acre
Date Updated Oct 2, 2026

Description

TBD Vernon is located one block from Lincoln Road and less than 0.5 miles from Highway 26, in a rapidly developing are of Idaho Falls.Presenting an exceptional investment opportunity, four high-density housing parcels offer a strategic multifamily infill development opportunity in a rapidly growing area of Idaho Falls. The property is positioned for high-density residential development and is part of the LIHTC QTC track, creating potential for an affordable housing development strategy. Located near Interstate 15 and Highway 26, the site provides convenient access to Idaho Falls’ major retail, service, and employment corridors. Urban renewal assistance through tax increment financing may also be available through the Idaho Falls Redevelopment Agency, providing a potential additional incentive for qualifying development plans. With a high-density development designation, infill location, and potential access to affordable housing and urban renewal incentives, this property offers a well-positioned opportunity for multifamily developers seeking to capitalize on continued growth in Idaho Falls.

Highlights

Close proximity to Interstate 15, Highway 26, and the area’s primary retail and service corridors.
Four, high-density housing parcels available in a rapidly growing area of Idaho Falls.
LIHTC QTC track, offering a potential affordable housing development opportunity.
Prime commercial/residential development opportunity.
Urban renewal assistance using tax increment financing may be available for this property through the Idaho Falls Redevelopment Agency. Visit: https://www.idahofallsidaho.gov/419/Idaho-Falls-Redevelopment-Agency for more information.