MLS #2105086
About this lot
This lot for sale at 7382 W 3500 S Magna, UT 84044 has been listed at $898,000 and has been on the market for 204 days.
Full description
Perfect for the savvy Land / Multifamily investor, this property is strategically located in the desirable Magna area and is zoned R-2-6.5, offering great potential for multifamily development. With its prime zoning designation, this parcel presents an exceptional opportunity for building residential units that cater to the growing demand for high-quality housing in the area. The property's ideal location in Magna ensures access to a range of amenities and conveniences, making it a promising investment for those looking to capitalize on the thriving real estate market in this sought-after neighborhood. Exceptional 0.77-acre corner lot at 7382 W 3500 S in Magna-prime for development with past plans approved for three duplexes (six total units). Positioned on an intersection, this flat, build-ready parcel offers outstanding visibility, utility access, and strong resale potential for the end product. Ideal for developers seeking a multi-family opportunity in a growing area, just minutes from major amenities and commuter routes.
Property highlights
- The property's ideal location in Magna ensures access to a range of amenities and conveniences, making it a promising investment for those looking to capitalize on the thriving real estate market in this sought-after neighborhood. .
- Ideal for developers seeking a multi-family opportunity in a growing area, just minutes from major amenities and commuter routes. .
- Perfect for the savvy Land / Multifamily investor, this property is strategically located in the desirable Magna area and is zoned R-2-6. 5, offering great potential for multifamily development. .
- Situated on 0.77 acres with room to grow.
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Start your searchProperty details
- Property Type
- Land
- Sub-type
- Multi Family
- Status
- Active
- Days on Market
- 204
- Stories
- 0
- Lot Size
- 0.77 acres
- Parking Total
- 0.00
- County
- Salt Lake
- City
- Magna
- Subdivision
- CENTENNIAL V
- Zoning
- Multi-Family
- Tax Annual
- $1,822
- Parcel #
- 14-28-476-040
- MLS Area
- Magna; Taylrsvl; WVC; SLC
- Listed By
- Investment Realty Advisors LLC
Garage & parking
- Parking total
- 0.00
- Covered spaces
- 0.00
Additional features
- Multi-Family
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Neighborhood
Located in CENTENNIAL V, Magna.
Walk · Transit · Bike
Some errands can be accomplished on foot. Some transit available. It's convenient to use a bike for a few trips.
Price History
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Location
Magna, UT · approximate location
Listed by: Elliot Abel · Investment Realty Advisors LLC. 435-485-7070.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Jun 24, 2026. 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. IDX information is provided exclusively 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.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Magna market context
How this property sits against recent sales in the area.
This listing: $898,000 — 1,201.4% above the median sale price.
Magna market — Land
What homes are doing.
Latest data through April 2026.
Median sale price
$69,000
-40.0% year over year
Median days on market
0
-6 days year over year
Sale-to-list ratio
100.0%
+4.35pp year over year
Homes sold last month
1
-1 year over year
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