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29 N 1000 W

Salt Lake City, UT 84116
  • $3,499,000
  • STATUS: Active Under Contract
  • ON SITE: 774 Days
  • ID#: 1645475
Under Contract
UPDATED: 62 min ago
$3,499,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Just down the street from Fairpark Station and blocks from Salt Lake City's vibrant downtown core, this prime, mixed-use development site is in an ideal location to provide broad tenant appeal. While just minutes away from Salt Lake's shopping, eateries, and over 150,000 jobs, a scenic city park across the street provides a valuable retreat with ample green space. Situated on a flat, corner lot, the site easily accommodates most designs and provides easy access to the project. Located at the convergence point of a Qualified Opportunity Zone, RDA Project Area, and TSA-SP-T Zoning, the assemblage provides significant benefits to the savvy investor from 3 sources that are typically significant in and of themselves. Project has already received approval through the expedited TSA approval process. Most land due diligence (geotech, survey, engineering, etc.) has been completed as well. Building permit for 101 unit phase 1 is currently under review with the city and is expected to be issued by Jan. 2020. Site can accommodate a phase 2 of approximately the same size. Parcels included in sale: 08-35-378-013-0000, 08-35-378-014-0000, 08-35-378-003-0000, 08-35-378-004-0000, 08-35-378-007-0000, 08-35-378-008-0000, 08-35-378-009-0000.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-01-22T09:36:21.987. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.utahforsalehomes.com/homes/101613327
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29 N 1000 W Salt Lake City, UT 84116

  • Price: $3,499,000
  • Status: Active Under Contract
  • On Site: 774 Days
  • Updated: 62 min ago
  • ID#: 1645475
0
Beds
0
Baths
0
½ Baths
1.1
Acres
Neighborhood:
Salt Lake City; Rose Park
County:
Salt Lake
Area:
Salt Lake City; Rose Park
Elementary School:
Jackson
Middle School:
Bryant
High School:
West
School District:
Salt Lake
Property Description
Just down the street from Fairpark Station and blocks from Salt Lake City's vibrant downtown core, this prime, mixed-use development site is in an ideal location to provide broad tenant appeal. While just minutes away from Salt Lake's shopping, eateries, and over 150,000 jobs, a scenic city park across the street provides a valuable retreat with ample green space. Situated on a flat, corner lot, the site easily accommodates most designs and provides easy access to the project. Located at the convergence point of a Qualified Opportunity Zone, RDA Project Area, and TSA-SP-T Zoning, the assemblage provides significant benefits to the savvy investor from 3 sources that are typically significant in and of themselves. Project has already received approval through the expedited TSA approval process. Most land due diligence (geotech, survey, engineering, etc.) has been completed as well. Building permit for 101 unit phase 1 is currently under review with the city and is expected to be issued by Jan. 2020. Site can accommodate a phase 2 of approximately the same size. Parcels included in sale: 08-35-378-013-0000, 08-35-378-014-0000, 08-35-378-003-0000, 08-35-378-004-0000, 08-35-378-007-0000, 08-35-378-008-0000, 08-35-378-009-0000.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Frontage Length 0.0 Garage YN No Horse Property YN No Lot Features Corner Lot Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 0 Open Parking YN No Parking Total 0 Pool Private YN No Spa YN No View YN Yes Waterfront YN No

Interior Features

Above Grade Finished Area 0 Basement Finished Percentage 0 Bathrooms One Quarter 0 Bathrooms Partial 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN False Main Level Bedrooms 0 Rooms Total 0

Property Features

Association Fee 0 Association YN No Capitalization Rate 0 Cross Street 1000 Current Use CommercialMulti-Family Irrigation Water Rights Acres 0 Lease Amount 0 Lease Considered YN No Listing Terms CashCommercial Fin. Req. New Construction YN No Number Of Pads 0 Number Of Units Leased 0 Power Production Solar Year Install 0 Property Attached YN No Property Condition Blt./Standing Property Sub Type Commercial Senior Community YN No Sewer Sewer: Connected Tax Annual Amount 7768 Utilities Natural Gas ConnectedElectricity ConnectedSewer Connected Zoning Multi-FamilyCommercial Zoning Description Tsa-Sp

Listing provided courtesy of Homeriver Utah. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-01-22T09:36:21.987. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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