Date
Details
Price
Change
Source
10/03/2024
Listed
$629,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$629,000
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Property Description
**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 $1.5 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.
Full Property Details
Full Property Details for 1180 S 500 Rd W
General
- Price: $629,000
- Taxes: $300
- Status: Active
- Type: Land Residential
- Source: WFR
- MLS ID: 2026967
- Updated: 11/13/2024
- Added to Site: 79 day(s) ago
Location
- Area: Central Sevier
- County: Sevier
- Cross Streets: 1220
- Direction Faces: West
School Information
- Elem School District: Sevier
- Midd School District: Sevier
- High School District: Sevier
- Elementary School: Ashman
- Middle School: Red Hills
- High School: Richfield
Structural Information
- Current Bldg. Use: Residential, Commercial, Multi-Family
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 1.13
- Lot Size (Sq. Ft.): 49,222.8
- Lot Size: 1.13
- Zoning: RM24
Financial Considerations
- Tax Amount: $300
- Terms: Cash, Conventional, Seller Finance
Disclosures and Reports
- Property ID: 1-7A-123
Listed by Nre
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Listing agents
— 1180 S 500 Rd W —
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Schools
Schools serving 1180 S 500 Rd W
School District:Sevier District
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
Ashman School
70 N 200 W, Richfield, UT 84701 | K-3 | 1.1 mi | |
|
520 N 300 W, Richfield, UT 84701 | 3-5 | 1.5 mi | |
|
400 S 600 W, Richfield, UT 84701 | 6-8 | 0.6 mi | |
|
495 W Center St, Richfield, UT 84701 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1180 S 500 Rd W
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- Agricultural Land
- Active
- Updated 3 days ago
- 19.87Acres
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- Single Family
- Active
- Updated 3 days ago
- 6Beds
- 4Total Baths
- 4,282Sq. Ft.
1180 S 500 Rd W, Richfield, UT 84701 (MLS# 2026967) is a Land Residential property with a lot size of 1.13 acres. 1180 S 500 Rd W is currently listed for $629,000 and was received on October 03, 2024. Want to learn more about 1180 S 500 Rd W? Do you have questions about finding other Land Residential real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.