435 W Fayette Ave - Industrial LAND FOR SALE


Salt Lake City, UT 84101- Central Salt Lake City30,928 SF
$3,200,000 USD
801-201-8175
435 W Fayette Ave, Salt Lake City, UT for Sale
$3,200,000 USD
Industrial LAND - FOR SALE
1/7
30,928 SF

435 W Fayette Ave
Salt Lake City, UT 84101
Central Salt Lake City


HIGHLIGHTS

  • Prime Granary District location
  • Shovel-ready, entitled site
  • Income-generating while you build

OVERVIEW

Rare 0.71-acre development-ready site in the heart of Salt Lake City's rapidly evolving Granary District, priced at $3.2M. Zoned MU11 and entitled for a 100-unit, 6-story multifamily project (70 studios / 30 one-bedrooms), the site offers immediate development upside with existing NOI of $102K to carry the asset during entitlement or pre-development. Positioned steps from Downtown SLC, the Fleet Block, and the I-15/West Temple interchange, the location provides exceptional freeway visibility and urban connectivity. The surrounding neighborhood is experiencing significant multifamily momentum, with the adjacent West Village delivering 186 units nearby. A compelling opportunity for developers seeking a shovel-ready urban infill play in one of Salt Lake's most active growth corridors.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/ACRE

$4,507,042/AC

PRICE/SF

$103 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Granary Multifamily Development Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Apartment Units, Auto Repair, Lumberyard, Self-Storage

LAND ACRES

0.71 AC

LAND SF

30,928 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Gas

ZONING

MU-11

APN/PARCEL ID

15-12-326-007-0000

ASK ABOUT THIS PROPERTY

Jonah HornsbyAlign Complete Real Estate ServicesMore Info
801-201-8175

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Jonah HornsbyAlign Complete Real Estate ServicesMore Info
801-201-8175

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