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M2 Zoned Acreage with ROW & Development Potential - Positioned within Bear Lake County's M2 Impact Area, this ±30.15-acre parcel offers a strong investment opportunity with a rare combination of light industrial zoning, water resources, and legal access infrastructure. Located just outside Montpelier, Idaho city limits, this property is ideal for investors, ag-industrial users, or developers seeking versatile ground with long-term potential. The parcel features flat, partially sub-irrigated pasture ground supported by artesian wells and existing stock water troughs, making it suitable for continued grazing, livestock support, or ag-based facility development. The property is partially fenced with four to five strand barbed wire fencing, and much of it was installed in the last five years. Overhead power is available along the road. The parcel was 50.15 acres and is currently in the process of minor boundary adjustment where approximately 20± acres will be subdivided and added to the adjacent parcel to the west which is also available. Importantly, a 100-foot recorded right-of-way (ROW) from Bern Road will be established through this western parcel along the northern boundary, providing permanent legal access to this parcel and the irrigated parcel to the east, both of which are also available. Whether you're seeking a land-banked investment, developing industrial infrastructure, or building out a phased ag-commercial site, this offering delivers the zoning, scale, and expansion flexibility savvy investors demand. Additional contiguous land is available, offering the chance to scale up your holdings or develop a larger project footprint with multi-parcel flexibility. *Zoned M2 Impact Area *Partially fenced ^Flat, partially sub-irrigated pasture ground with artesian well stock water troughs *Parcel is currently 50.15 acres and 20+- acres is being split off and added to adjacent parcel west *100-foot ROW from Bern Road through adjacent parcel west along north fence line will be recorded providing access to this parcel and to the irrigated parcel east. *Additional land available:

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