UT > Richfield
Richfield, UT 84701,1247 S 500 RD W
Richfield, UT 84701,1247 S 500 RD W
Richfield, UT 84701,1247 S 500 RD W
Richfield, UT 84701,1247 S 500 RD W
Richfield, UT 84701,1247 S 500 RD W
Richfield, UT 84701,1247 S 500 RD W
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Jaimi Payne

Jaimi Payne

+1(435) 359-3356
$ 539,900
Est. payment | /mo

1.13 Acres Lot

Save
$ 539,900
Est. payment | /mo
Save

1.13 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2026967

HOA Y/N No

Annual Tax Amount $300

Lot Size 1.130 Acres

Acres 1.13

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Residential

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 $1.6 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. Buyer to perform all due diligence and verify information independently. Information provided as a courtesy.

Location

State UT

County Sevier

Area Central Sevier

Zoning Multi-Family

Interior

Fireplace No

Exterior

View Y/N No

Present Use Residential,Commercial,Multi-Family

Private Pool No

Building

Faces West

New Construction No

Schools

Elementary Schools Ashman

Middle Schools Red Hills

High Schools Richfield

School District Sevier

Others

Senior Community No

Tax ID 1-7A-123

Acceptable Financing Cash, Conventional, Seller Finance

Listing Terms Cash, Conventional, Seller Finance

Listed by NRE
agent-avatar

“The Elite Real Estate Group is here to help you navigate your real estate transaction and provide you with the luxury experience that you deserve.”

+1(435) 359-3356

homesbyjaimi@gmail.com

20 E. 1000 S., Richfield, Utah, 84701

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