### Property Description - **Size and Location**: The 0.70-acre (approximately 30,492 square feet) vacant commercial lot is situated at 890 N. Skyline Dr., Idaho Falls, ID 83402. This location is in a developing commercial corridor of Idaho Falls, a growing city in eastern Idaho known as the “Gateway to Yellowstone and the Pacific Northwest.” Skyline Drive is a key arterial road, providing connectivity to major highways, including U.S. Highway 20 and Interstate 15, which are critical for regional access. The lot’s size is ideal for small to medium-scale commercial developments, such as retail, office, quick-service restaurants (QSR), or mixed-use projects. - **Physical Characteristics**: As a vacant lot, it is relatively level (common in Idaho Falls for commercial parcels) and ready for development, pending utility verification. ### Location Analysis - **Proximity and Accessibility**: Idaho Falls is a regional hub with a population of over 62,000, projected to grow to 81,000 by 2035, driven by its strong economy and appeal to out-of-state buyers. The lot’s location on Skyline Drive places it near key commercial and residential areas, with convenient access to I-15 (a major north-south corridor) and downtown Idaho Falls, approximately 2-3 miles away. Nearby amenities include retail centers (e.g., Walgreens, as noted for similar parcels), dining, and recreational attractions like the Snake River Greenbelt and Yellowstone National Park, which draw tourists and boost local commerce. - **Economic Drivers**: Idaho Falls boasts a diversified economy with major employers like Idaho National Laboratory and Melaleuca, Inc., supporting a stable job market (unemployment rate of 2.7% in Q3 2023). The city’s tourism sector, fueled by proximity to Yellowstone and cultural attractions like the Museum of Idaho, enhances demand for commercial services, making this lot suitable for retail or hospitality-focused developments. ### Zoning - **Zoning Details**: Specific zoning for 890 N. Skyline Dr. is not provided in the references, but comparable commercial lots in Idaho Falls are often zoned CC-1 (Central Commercial) or HC (Highway Commercial). CC-1 zoning typically allows for retail, office, quick-service restaurants, or mixed-use developments, with flexibility for multi-story buildings. HC zoning supports high-traffic uses like gas stations or drive-thrus. To confirm the exact zoning, contact the City of Idaho Falls Planning and Zoning Department or check the Bonneville County Parcel Maps via the Idaho State Tax Commission’s GIS services. - **Development Potential**: A 0.70-acre lot could accommodate a 4,000–10,000 square foot building (depending on setbacks, parking requirements, and zoning regulations), suitable for a single-tenant retail, small office complex, or fast-food restaurant with a drive-thru. Verify zoning restrictions on building height, lot coverage, and parking ratios to maximize development potential. ### Traffic Counts - **Traffic Data**: Exact traffic counts for 890 N. Skyline Dr. are unavailable in the provided references. However, Skyline Drive is a busy arterial road, and similar commercial parcels near I-15 and downtown Idaho Falls report high visibility and strong traffic counts. For example, a nearby 1.762-acre CC-1 zoned parcel next to Walgreens boasts “exceptional visibility” and “strong traffic counts” due to its proximity to I-15. To obtain precise traffic data, consult the Idaho Transportation Department (ITD) or the City of Idaho Falls for average daily traffic (ADT) counts on Skyline Drive. High traffic volumes (likely 10,000–20,000 ADT, based on similar corridors) enhance the lot’s appeal for retail or service-oriented businesses. ### Comparable Sales and Market Data - **Vacant Land Comps**: Specific comparable sales for 0.70-acre commercial lots at or near 890 N. Skyline Dr. are not detailed in the references. However, recent listings provide context: - A 1.762-acre CC-1 zoned lot near Walgreens and I-15 in Idaho Falls is marketed for commercial development, emphasizing high visibility and traffic. - **Market Trends**: The Idaho Falls commercial real estate market is robust, driven by: - **Population Growth**: A 9.6% population increase from 2010–2020 and projected growth to 81,000 by 2035 fuel demand for commercial services. - **Tourism and Economy**: The city’s role as a gateway to Yellowstone and its diverse economy (healthcare, manufacturing, agriculture) supports commercial investment.[] - **Limited Supply**: Low inventory and high demand keep commercial land values elevated, though new construction is increasing to address shortages. This information courtesy from AI GROK3