754 UNITS 900 N Lund HWY WITH WATER, Cedar City, UT 84721
$5,950,000
Property Type:
Land, Lot & Water
Square Footage:
4,316,360
Lot Size (sq. ft.):
4,383,443
Status:
Active
Current Price:
$5,950,000
List Date:
2/16/2024
Last Modified:
4/15/2024
Description
Attention INVESTORS and BUILDERS! Master Planned Development opportunity totaling over 100 acres with water included. A developer could build a total of 754 residential units. Water Rights were given to Cedar City at time of annexation. Property consists of 6 different zones, R3-M, R2-2, R2-1, R1, CC & RNZ zones. Very rare development opportunity where the 99 acres has almost every zone available. Currently there are 2 roads to access the property. Utilities are on the property or nearby. Some engineering for development has already been completed. Don't delay, come see today!
More Information MLS# 24-248336
Contract Info
List Price: $5,950,000
Current Price: $5,950,000
Listing Date: 2024-02-16
List Price/Acre: 59127.5
Short Sale Status: No
Location,Tax & Legal
House Number: 754 UNITS
Street Name: 900 N Lund HWY WITH WATER
MLS Area: Outside Area
State/Province: UT
Postal Code: 84721
County: Iron
Elementary Schools: Out of Area
Intermediate Schools: Out of Area
Jr. High Schools: Out of Area
Sr. High Schools: Out of Area
Tax ID: B-1885-0020-0000
General Property Info
Listing Class: Land/Acreage
Realtor.com: Land
Lot Acres: 100.63
Total SqFt: 4316360
Assoc Dues Period: N/A
Ownership Transfer Fee: No
Office/Member Info
Buyer Broker Compensation (BBC): 3
Buyer Broker Comp (BBC) Type: %
Status Change Info
Status: Active
Property Features
Utilities: See Remarks
Land Features: Access, Public; Terrain Flat; Water Rights
Zoning: Commercial; Multi-Family
Builder Restrictions: Bring your own Builder
Terms of Sale: 1031 Exchange; Cash; Conventional
Listing Office: Stratum Real Estate Group So Branch
Last Updated: April - 15 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.