5851 Highway 53Rathdrum, ID 83858

For Sale
$1,640,452

Prime 2.95-acre development site, shovel-ready.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2.95-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding city of Rathdrum, Idaho. Located at 5851 W Hwy 53, this property boasts a highly desirable C-2 zoning designation, making it ideal for a wide range of commercial developments. The site is exceptionally well-prepared, representing significant cost savings for the buyer. All necessary services, including sewer, are readily available at the site, making this a truly "shovel-ready" project. A substantial investment has already been made in site preparation, including the complete removal of topsoil and the construction of a commercial approach from Highway 53, estimated at approximately $450,000. This significant infrastructure investment eliminates considerable upfront costs and accelerates the development timeline. Highway 53 serves as a major arterial route connecting Rathdrum to Highway 95, ensuring excellent visibility and accessibility. Rathdrum's position as one of Idaho's fastest-growing cities guarantees strong future demand and appreciation potential. The property's APN is RL8560080020. The asking price for this ready-to-develop parcel is $1,640,452. Don't miss this chance to capitalize on the growth and potential of Rathdrum.

Property Details for 5851 Highway 53

Property type
Other land, Land
Lot Size (sq. ft)
128,502 SF

Location Insight

City
Rathdrum
County
Kootenai
State
Idaho
Latitude
47.817259255348
Longitude
-116.8625039873
5851 Highway 53, Rathdrum, Idaho

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5851 Highway 53
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