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Investment Highlights

  • Spacious lot with seamless access to Highway 33, ideal for commercial, industrial, mixed-use, hospitality, or redevelopment opportunities.
  • Rare opportunity with significant upside potential for investors, developers, and owner/users seeking a strategic foothold in the Teton Valley market.
  • Positioned adjacent to Stinker Convenience Store and Grand Teton Brewing Company, providing excellent visibility and traffic exposure.
  • Located just 25 minutes from Jackson Hole, benefiting from strong tourism, population growth, and expanding regional economic activity.
  • 4,000 SF industrial building situated on land that generates month-to-month income, offering immediate cash flow and future development flexibility.
  • Predominantly raw, level land in the largest city in Teton County, serving as a gateway to Grand Teton National Park and year-round recreation.

Executive Summary

Discover this 14.63-acre commercial development opportunity, positioned in the heart of Victor, Idaho, offering investors the chance to acquire a highly visible lot in one of the fastest-growing markets serving Teton Valley. Located at 375 S Agate Avenue, just 25 minutes from Jackson Hole and approximately 30 miles west of Jackson, Wyoming, the property benefits from exceptional regional growth, tourism-driven demand, and increasing commercial development activity. Situated with seamless access to Highway 33, the site is surrounded by established businesses, including Stinker Convenience Store and Grand Teton Brewing Company.

375 S Agate Avenue consists of predominantly raw, generally level land with Commercial Heavy zoning, allowing for a wide variety of potential development uses. An existing 4,000-square-foot industrial building/barn currently generates month-to-month rental income, though the property is being marketed as vacant, providing flexibility for future redevelopment, owner-occupancy, or repositioning. The combination of current income and significant excess land creates an attractive value-add opportunity for investors seeking both immediate cash flow and long-term development potential.

Victor is the largest city in Teton County and serves as a scenic gateway to Grand Teton National Park, world-class skiing, outdoor recreation, hiking, fishing, and tourism that attracts residents, businesses, and visitors year-round. The local economy is closely connected to the neighboring Jackson Hole resort market, with many residents commuting to Wyoming for employment opportunities. Major industries include accommodation and food services, retail trade, and healthcare, contributing to a stable economic foundation and continued demand for commercial services and real estate.

375 S Agate Avenue presents a compelling opportunity to acquire a strategically located commercial land asset in a supply-constrained mountain market with strong demographic growth and expansion potential. Whether envisioned for commercial development, industrial uses, mixed-use projects, hospitality, retail, service-oriented businesses, storage, contractor facilities, or future land banking, this Victor, Idaho development site offers outstanding visibility, accessibility, flexibility, and long-term investment upside in one of the Rocky Mountain region's most dynamic growth corridors.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Property Type Land
Property Subtype Commercial
Sale Type Investment
Total Lot Size 14.63 AC
Sale Condition Auction Sale
Type of Ownership Fee Simple

1 Lot Available

Lot

Lot Size 14.63 AC
Parcel Number RPB3N45E119201
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Sale Advisor

Sale Advisor

Zachary Smith
I was born and raised in Jackson, Wyoming. The love and experience of the area drove my wife and I to purchase real estate in Victor, Idaho where I served 2 years on the planning and zoning commission, 7 years on the Victor Urban Renewal Agency, and 4 years as mayor.
After graduating from Montana State University with a degree in Economics, it became clear that pursuing an understanding of the complex Real Estate market in Teton Valley was a natural next step.  I have done over 400 transactions, anywhere from development, commercial to single family lots.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Keisha Hartshorn
Auctioneer License: Ten-X, LLC Arlene Richardson LC54009
  • Listing ID: 41317824

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 375 S Agate Ave, Victor, ID 83455

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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