Property Facts
**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.
Directions
1247-1117 500 W
Property Features
Interior Features
Exterior Features
Other Features
Totals
Unit Configuration 1
| Total Number Values | Air Conditioning | |||
|---|---|---|---|---|
| Number of Units: 0 | Deck: 0 | Patio: 0 | Gas: 0 | Elec: 0 |
| Furnished: 0 | Unfurnished: 0 | Gas Meters: 0 | Elec (win): 0 | Evap: 0 |
| Elec Meters: 0 | Disposals: 0 | Dishwashers: 0 | Evap (win): 0 | Pump: 0 |
| Oven-Ranges: 0 | Refrigerators: 0 | Solar: 0 | ||
Per Unit Values
| Lvl | Approx Sq Ft |
Bed Rms |
Bath | Fam | Den | Formal Living Rm |
Kitchen Dining |
Laundry | Fireplace | |||||
| F | ¾ | ½ | K | B | F | S | ||||||||
| 3+ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tot | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Covered Parking: 0 | Uncovered Parking: 0 | Storage Units: 0 |
|---|
Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| Red Hills Middle School Public Middle School |
6-8 | 0.73 mi | |
| Richfield High School Public High School |
9-12 | 1.08 mi | |
| Sevier Career And Technical Education Center Public High School |
9-12 | 1.15 mi | |
| Cedar Ridge High School Public Middle School, High School |
6-12 | 1.17 mi | |
| Ashman School Public Elementary |
K-2 | 1.22 mi | |
| Field Stone Academy Private Middle School, High School |
8-10 | 1.27 mi | |
| Pahvant School Public Elementary |
3-5 | 1.63 mi | |
| Sevier Connection Online Public Elementary, Middle School, High School |
K-12 | 1.69 mi | |
| Sevier District Preschool, Elementary, Middle School, High School |
1.79 mi | ||
| South Sevier Middle School Public Middle School |
6-8 | 8.41 mi | |
| Monroe School Public Elementary |
K-5 | 8.41 mi | |
| South Sevier High School Public High School |
9-12 | 8.63 mi | |
| North Sevier Middle School Public Middle School |
6-8 | 19.00 mi | |
| Salina School Public Elementary |
K-5 | 19.08 mi | |
| North Sevier High School Public High School |
9-12 | 19.12 mi |
School data provided by GreatSchools.
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Contact Agent
Austin Seegmiller
801-499-7424Listing Broker
NRE
9069 South 1300 West
A
West Jordan, UT 84088
801-382-9297