$2,500,000
$3,800,000
34.2%For more information regarding the value of a property, please contact us for a free consultation.
10.76 Acres Lot
SOLD DATE : 06/23/2024
Key Details
Sold Price $2,500,000
Property Type Vacant Land
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1976513
Sold Date 06/23/24
HOA Y/N No
Annual Tax Amount $5,400
Lot Size 10.760 Acres
Acres 10.76
Lot Dimensions 906.0x519.0x900.0
Property Description
Nestled in the thriving city of Smithfield, Utah, lies a prime investment opportunity. This sprawling 10.76-acre lot is strategically zoned for multifamily development. Boasting flat terrain that was once farmland, this canvas invites the creation of a lucrative multifamily community. With proximity to Main Street, Logan City, and Utah State University (USU) about 5 miles away, the location is very convenient. There is huge potential for a successful housing project in this fast-growing area. The demand for housing is on the rise, and this parcel offers the ideal setting to meet that demand. As the city expands, so does the opportunity to contribute to its growth with a thoughtfully designed multifamily community.
Location
State UT
County Cache
Area Smithfield; Amalga; Hyde Park
Zoning Multi-Family
Direction Exact address is not listed on the GIS
Interior
Fireplace false
Exterior
Waterfront No
View Y/N Yes
Present Use Multi-Family
Topography Terrain: Flat
Private Pool false
Building
Lot Description Corner Lot, Terrain: Flat
Faces West
New Construction No
Schools
Elementary Schools Sunrise
Middle Schools North Cache
High Schools Sky View
School District Cache
Others
Senior Community No
Tax ID 08-117-0018
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Financing Conventional
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Bought with NON-MLS
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