This exceptional industrial development land on Pioneer Road in Blackfoot, Idaho, provides qualified investors and developers with the rare opportunity to create new high-demand industrial space serving Bingham County. According to CoStar analytics, Industrial properties within ten miles of the site report a vacancy rate of less than 1%, and positive year-over-year rent growth. With no competing properties currently under construction, this allows a new owner to create quality space within a highly optimizing submarket.
With flexible M1 zoning, the site allows for more than 80 potential uses, and commercial developments are able to subdivide into one-acre parcels. Visit the Data Room for a full breakdown of the current permitted and conditional uses. The land includes the rights for three land divisions with no hearing and has 49 surface water shares from two canals through the United C...
With flexible M1 zoning, the site allows for more than 80 potential uses, and commercial developments are able to subdivide into one-acre parcels. Visit the Data Room for a full breakdown of the current permitted and conditional uses. The land includes the rights for three land divisions with no hearing and has 49 surface water shares from two canals through the United Canal Company. There is also substantial potential for a new owner to rezone the property to create new residential housing, allowing for lots of just 0.25-acres. Unlike most available lots in the area, the site is served by city water and sewer, electricity through Idaho Power, gas through Intermountain Gas, and can utilize multiple providers for fiber internet.
The level lot spans 28 acres that are primed and ready for development, with grubbing and all overgrown trees removed from the irrigation canal. The site can accommodate a single large industrial facility or an industrial park development, allowing the rare chance to create multiple facilities on a single parcel. A brand-new, 125,000-square-foot facility next door for United Steel presents a massive built-in customer base for flatbed trucking companies and pallet manufacturers.
Logistics and shipping uses are easily facilitated by the lands proximity to major highways and the potential for an on-site rail spur for a Union Pacific line that bounds the southern edge of the land. The neighboring tenant to the east has recently completed a rail spur, and another spur is being added by the tenant to the west. Convenient access to Idahos 1,700 miles of railways allows businesses at the site to move commodities to major hubs in as little as one day.
The land is easily accessible, sitting just off Highway 26, and just minutes from connections to Highways 39 and 91, as well as Interstate 15. These vital arteries provide convenient access to the areas affordable residential neighborhoods and growing workforce. More than 15,500 individuals work in the greater metro, and more than 24% are currently employed in manufacturing, wholesale, transportation, and warehousing segments. Four higher learning institutions within 60 miles of the property provide curricula in science and engineering, reinforcing a steady stream of qualified new professionals to the area.
Employees working at an industrial project at the Pioneer Road lot will find themselves within minutes of the citys top attractions and best shopping and dining options. Household name retailers, including Walgreens, Walmart Supercenter, Anytime Fitness, McDonalds, Wendys Burger King, Arbys, and more are reachable in just five minutes. Other high traffic nearby destinations includes the Eastern Idaho Fairgrounds, the Bingham Memorial Hospital, and the beautiful greenery of Jensen Grove Park and the Blackfoot Golf Course.
Known as the Potato Capital of the World, Blackfoot is a scenic destination that is home to the Idaho Potato Museum, the worlds largest potato chip and baked potato, and the Eastern Idaho State Fair. This agricultural hub serves as a focal point for manufacturing and technology of products and resources for the region. The city attracts businesses with an affordable real estate, convenient highway access, a competitive cost of living, and proximity to the Idaho Falls and Rocatello Regional Airports.
Reach out to the Specialty Group Inc. team today to learn more about what sets the Pioneer Road lot apart from the competition and makes it the perfect choice for a new industrial development project.
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