PROPERTY DETAILS
The land / lot for sale at 1247 S 500 RD Richfield, UT 84701 has been listed at $539,900 and has been on the market for 194 days.
**Prime Opportunity Zone Development : Shovel-Ready Land for 28 Apartment Units in Richfield, UT. This property is in a designated Opportunity Zone, offering significant tax incentives to investors, including potential deferral or elimination of capital gains taxes. With projected gross monthly rents of $32,400 this development is poised to yield over $1.6 million in profit upon stabilization, making it an incredibly attractive opportunity for developers and investors alike. **Included in the Sale:** - Civil Plans - Architectural Designs - Geotechnical Report - Topographical Survey - Easements & Utility Plans - Complete Development Packet with all necessary documentation to proceed with construction Reach out for link to full development packet. OM & drawings attached in listing.
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General Information
-
Price
$539,900
-
Days on Market
194
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House Size
49223 Sq Ft
-
Address
1247 S 500 RD Richfield, UT 84701
-
HOA
NO
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Lot Size
1.13
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MLS
2026967
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Status
Active
-
City
-
Term Of Sale
Cash,Conventional,Seller Finance
Garage and Parking
- Garage Spaces:
Price History
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Schedule a showing or ask a question.
Kristopher
Larson
801-410-7917
Schools
This area is Car-Dependent - very few (if any) errands can be accomplished on foot. Minimal public transit is available in the area. This area is Somewhat Bikeable - it's convenient to use a bike for a few trips.
Other Property Info
- Zoning: Multi-Family
- State: UT
- County: Sevier
- This listing is courtesy of: Austin SeegmillerNRE.
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property
please email kris@bestutahrealestate.com with the MLS number 2026967.
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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