Rexburg, Idaho: A Premier Destination for Commercial Real Estate

Introduction

Rexburg, Idaho, is an emerging hub for commercial real estate (CRE), offering a blend of economic vitality and strategic location that appeals to investors and developers alike. As the largest city in Madison County with a population of approximately 28,000, Rexburg is home to a growing economy driven by education, retail, and agriculture. The city's unique positioning as a gateway to Yellowstone National Park and proximity to major transportation routes enhances its attractiveness for CRE ventures.

Economic and Industry Overview

Rexburg's economy is anchored by key industries such as education, agriculture, and retail. Brigham Young University-Idaho, one of the largest private universities in the U.S., significantly impacts the local economy by driving demand for housing, retail, and service industries. The agricultural sector, with its focus on potatoes and grains, also fuels demand for industrial and storage facilities.

Regional economic development initiatives, such as those led by the Southeast Idaho Council of Governments, are actively promoting business growth and infrastructure development, further catalyzing the demand for various CRE asset classes, including office and industrial spaces.

Strategic Location and Transportation Infrastructure

Rexburg's strategic location offers logistical advantages for commercial real estate. The city is accessible via U.S. Highway 20, connecting it to larger markets such as Idaho Falls and the broader region. The nearby Idaho Falls Regional Airport provides air connectivity, facilitating business travel and logistics. While Rexburg does not have direct rail access, its proximity to major highways ensures efficient transportation for goods and services.

For more information on transportation infrastructure, visit the Idaho Transportation Department.

Commercial Real Estate Inventory & Zoning

Rexburg's commercial real estate landscape is characterized by several submarkets, including a vibrant central business district (CBD) and expanding industrial corridors. Key asset classes in the city include retail, office, and industrial properties, with multi-family developments catering to the student population.

The city has implemented zoning incentives to attract developers, particularly in the CBD and around Brigham Young University-Idaho. To explore zoning maps and parcel information, visit the City of Rexburg's Planning and Zoning Department.

Major Employers and Institutions

The presence of Brigham Young University-Idaho is a significant driver of commercial real estate demand, with the university being the top employer in the city. Other major employers include Madison School District, Madison Memorial Hospital, and several retail chains. These institutions create a robust demand for office spaces, retail establishments, and housing.

For a comprehensive list of major employers, consult the Rexburg Chamber of Commerce.

Notable Commercial Developments & Projects

Rexburg is witnessing several large-scale development projects, including mixed-use developments and innovation parks. Notable projects include the Hemming Village, a mixed-use development offering retail, office, and residential spaces. The city is also exploring public-private partnerships to enhance infrastructure and commercial opportunities.

For detailed information on development projects, visit the City of Rexburg's Planning Department.

Building Permits, Planning, and Development Tools

• City of Rexburg Building Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Rexburg's economic landscape is supported by data from public sources such as the U.S. Census Bureau and local economic impact reports. Brevitas leverages AI-powered aggregation from these public datasets and internal insights to provide a comprehensive view of the CRE market in Rexburg.

Explore Brevitas-powered dashboards for Rexburg by visiting our city search page.

Why Use Brevitas for Rexburg, Idaho CRE?

Brevitas offers a cutting-edge platform for CRE professionals in Rexburg, Idaho, featuring:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Our platform includes unique features such as auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Gain access to exclusive listings and premium exposure by joining Brevitas.

For more information on leveraging Brevitas for your CRE needs, visit our website.