Teton County School District 401 Real Estate

Thank you for your interest in the Teton County Idaho School District Owned Properties.

On April 13, 2020, Teton Valley Realty was selected to represent the Teton County (Idaho) School District and facilitate the sale of two District owned properties. These properties include the old Victor Elementary School located on Center St. in Victor, ID, and the School District Administration building and tennis courts located on the corner of State Highway 33 and Harper Avenue in Driggs, ID. You will find a details on each of the properties, below.

 

Overview

The District owned properties include:

  • 43 E Center St. Victor, ID 83455 (Victor Elementary School)
  • 455 N Main St. Driggs, ID 83422 (District Office and Tennis Courts)

The seller is Teton County School District. On April 13, 2020, Teton Valley Realty was selected to represent the Teton County (Idaho) School District and facilitate the sale of two District owned properties. These properties include The old Victor Elementary School located on Center St. in Victor, ID, and the Driggs, ID elementary administration building and tennis courts located on the corner of State Highway 33 and Harper Avenue.

DOWNLOAD OVERVIEW DOCUMENT

 

Sealed Bid Process

Teton Valley Realty, on behalf of the Teton County School District has begun marketing the property for the minimum bid amount. Bidders may submit any amount, but bids less than the advertised price will not be considered. Other terms are negotiable and will be considered in the event one or more bids exceed the advertised starting price. Sealed Bids are due no later than Friday, August 7th, 2020 prior to the board’s monthly meeting on Monday, August 10th, 2020. Please refer to the separate Sealed Bid Letter of Intent document for further instructions.

DOWNLOAD SEALED BID LETTER OF INTENT (LOI) DOCUMENT

 

Download Links

OVERVIEW DOCUMENT
SEALED BID LETTER OF INTENT (LOI) DOCUMENT
IDAHO AGENCY DISCLOSURE BROCHURE
VICTOR PROPERTY DETAIL
DRIGGS PROPERTY DETAIL

 

Property Details:

43 E Center St. Victor, ID 83455

Elementary School

Frontage: E Center St: Appx 330’

Appx Acreage / SqFt: 2.5 Acres | 108,900 SqFt

Appx Structure Year Built: 1941

Appx Structure SqFt: Appx 22,227

Current Zoning: CIV Civic & Institutional

Legal Description: LOTS 6-7 BLK 7 VICTOR TOWNSITE SEC 11 T3N R45E

 

FLOOR PLAN
PROPERTY DETAIL DOCUMENT

455 N Main St. Driggs, ID 83422

District Office / Tennis Courts

Frontage: State HWY 33: Appx 215’ | Harper Avenue: Appx 230’

Appx Acreage / SqFt: 1.06 Acres | 46,173.6 SqFt

Appx Structure Year Built: 1968

Appx Structure SqFt: 2,250

Current Zoning: REC Parks & Recreation

Legal Description: LOTS 6-7 BLK 5 DRIGGS TOWNSITE SEC 26 T5N R45E

 

FLOOR PLAN
PROPERTY DETAIL DOCUMENT

Disclaimer: The Teton County School District reserves the right to accept or reject any of the submitted Sealed Bids. All elements of each Sealed Bid will be considered, and the highest bid may not be the bid selected, based on other contingencies and / or considerations. If your Sealed Bid is selected, the terms will be converted to a binding Idaho Real Estate Purchase and Sale Agreement. In the event the Buyer and Seller cannot agree on the final terms of this Agreement, the District reserves the right to select another Sealed Bid that meets the minimum requirements and convert the terms to a binding Idaho Purchase and Sale Agreement.

Questions & Answers:

  • When are the bids due?
  • Where can I find the Sealed Bid Document?
  • Victor Zoning, what is the expectation?
    • Currently the property is zoned Civic, and the City recognizes that the current zoning is limited. The City also recognizes that most buyers will want to rezone the property. The City did disclose that negotiations or development agreements may need to be negotiated before the City will allow for a zone change. The City does have a preliminary view of zoning that would NOT be considered which would include any form of industrial zoning or large lot, single family detached including RS16 (Residential Single Family) and RC (Residential Cluster). The City's vision does include a high density type zoning with a potential for multi-story or multi-use, and would love to see retail with second story residential.

      Current City of Victor Municipal Code: https://www.victorcityidaho.com/city_hall/municipal_code/planning_and_zoning.php

    • Chapter 7, Civic Zoning
    • Chapter 10, Zoning Use & Conditional Use Provisions
    • Chapter 14, Administration Steps for Rezoning Requirements

    • On a final note, if a buyer intends to evaluate the CURRENT building, a permit could be issued. Issuance would be subject to encapsulating or abating asbestos. Beyond asbestos, the building is permitted through the School Board which is not heavily monitored by the City. Current permit records are not available, and a new permit and requirements and processes would be required. Fees are based on an evaluation of the work being performed. The City intends to preserve the mature trees on the property.
    • The City of Victor is working through a new comprehensive plan. Follow along here: https://reenvisionvictor.com/
  • Driggs Zoning, what is the expectation?
    • The current zoning is REC Parks and Recreation. If a buyer wanted to submit an application for rezone immediately, this City would look at the surrounding zones for conformity. The City would like to see a Commercial type zoning such as CC or CX, both of which would be a good fit. The City also looks at the comprehensive plan and future land use map, both of which are in the process of being updated, set for adoption this fall. Immediate applications for rezone would be based on the current code and land use, linked below. The Planning administration can rezone, but have specific limitations that are normally allowed in that zone. The front half of the parcel(s) (fronting Main St.) is in the design review overlay which does have a few additional steps and requirements before the issuance of a building permit. These steps can be done in tandem with a building permit application.

      Current City of Victor Land Development Code: https://www.driggsidaho.org/land-development-code

    • Chapter 5, Mixed use districts including CC & CX
    • Chapter 7, REC Parks & Recreation Zoning
    • Chapter 10, Zoning Use Tables (including REC, CC & CX)
    • Chapter 14, Administration Steps for Rezoning Requirements

Contact:

Mandy Rockefeller
208-313-3621

Tayson Rockefeller
208-709-1333