175 W Central Ave - Commercial LAND FOR SALE


Millcreek, UT 84107 313,196 SF
$12,277,000 USD
801-597-5500
175 W Central Ave, Millcreek, UT for Sale
$12,277,000 USD
Commercial LAND - FOR SALE
1/38
313,196 SF

175 W Central Ave
Millcreek, UT 84107


HIGHLIGHTS

  • Qualified Opportunity Zone/QCT 2025
  • 423-Unit Fully Entitled Multifamily Site
  • Trax adjacent
  • In-place TIFF agreement worth $3.5 million in construction Value

OVERVIEW

This is a fully entitled project, ready for your development team to value engineer the approved preliminary design and have your preferred architect prepare the construction documents just the way you like them. All of the site investigation has been done, along with the approved civil engineering documents. This is truly a ready to roll project and the site preparation work can likely proceed while your architect finishes the CD's. Did we mention the in-place $3.5-million tax increment financing?

FOR SALE DETAILS

PRICE

$12,277,000 USD

PRICE/ACRE

$1,707,513/AC

PRICE/SF

$39 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Millcreek Apartment Project

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

7.19 AC

LAND SF

313,196 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RM Multi-Housing

APN/PARCEL ID

15364530100000,21012030030000,21012060050000

ASK ABOUT THIS PROPERTY

Gordon JacobsonColliersMore Info
801-597-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gordon JacobsonColliersMore Info
801-597-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.