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Oasis, Utah

Investment Properties for Sale in Oasis, Utah

Oasis is a small unincorporated farming community in Millard County, tucked between Delta and Deseret along the Sevier River bottoms. Investment opportunities here look nothing like what you'd see in St. George or along the Wasatch Front — this is high-desert ranch country at about 4,600 feet, with cold winters, hot dry summers, and an economy built on alfalfa, dairy, the Intermountain Power Plant, and small-scale cattle operations. Investors who shop this area are usually after agricultural land with irrigation shares, grazing acreage, or modest homes on parcels that can be leased to local farm operators. The buy-in is low by Utah standards, and the holding costs are minimal once you understand the water and tax picture.

The investment math out here runs on different rails than urban rentals. Cash flow from long-term residential tenants is limited because the population base is tiny, but land plays, 1031 exchanges into farmable acreage, and solar-lease opportunities along the Highway 6/50 corridor have brought a steady trickle of outside capital. Proximity to Delta (about 10 minutes) gives tenants access to groceries, schools in the Millard School District, and medical care. Anyone buying here should plan to verify water rights through the Utah Division of Water Rights and check irrigation company shares carefully — they often carry more value than the dirt itself. Browse the active listings below to see what's currently on the market in and around Oasis.

July 2025 · Oasis market

Live from the Utah MLS — what's actually happening in Oasis right now.

Full Oasis market report
Median sale
$19,000
1 closed in July 2025
Median DOM
12 days
listing → contract
Sale-to-list
100.0%
of final list price
Unsold inventory
active + pending

1 matching · page 1 of 1

Active listings

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Common questions

About investment properties in Oasis.

What kinds of investment properties show up in Oasis?

Most listings are rural acreage, small farms, and the occasional single-family home on a large parcel. Pure rental-grade tract housing is rare here — investors typically come for land, agricultural use, or long-hold appreciation plays tied to water rights and irrigation shares.

Are water rights included with land sales in Oasis?

Sometimes, but never assume. Water shares in the Delta/Oasis area through the Central Utah Water Conservancy and local irrigation companies are valued separately and often negotiated as a distinct line item. Always verify shares, point of diversion, and beneficial use during due diligence.

What's the rental demand like in such a small community?

Long-term tenant demand is thin given the population size, and short-term rental traction is limited because Oasis isn't a tourist hub. Investors who do well here usually run agricultural leases, hay ground, grazing, or hold land for appreciation rather than chasing monthly rent checks.

How far is Oasis from larger Utah markets?

Oasis sits in Millard County along the Highway 6/50 corridor, roughly two and a half hours southwest of Salt Lake City and about an hour from Fillmore. The remote location keeps prices per acre low compared to the Wasatch Front, which is part of the investment thesis for most buyers.

What financing options work for raw land or ag property out here?

Conventional mortgages rarely fit. Most buyers use cash, seller financing, or ag loans through lenders like Farm Credit Services or Zions Ag. Expect 25–35% down and shorter amortizations than residential loans.

How many active investment listings does Oasis typically have?

Inventory is very thin — often just a handful of parcels at any given time, and some months show zero new activity. The listings below reflect what's currently on the MLS in and immediately around Oasis.