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Development Opportunity Next to the Power District in Salt Lake City

INCREDIBLE INVESTMENT OPPORTUNITY located just two blocks from the Power District, a picturesque, 100-acre planned development in the heart of Salt Lake City's westside anticipated to begin in late 2024, and shovel-ready site for a planned Major League Baseball ballpark. This property is located in an "Opportunity Zone" with Transit Station Area (TSA) high-density zoning. A similar parcel to the east on Euclid, once a residential listing, was redeveloped as high-density townhomes with each 1,100 sf unit selling for $450,000 or more in 2022. Another high-density 5-plex is planned on a similar parcel to the north on Euclid that is in the permitting process. The adjacent land parcel to the west on Euclid, having already been scraped, is also in the permitting process for 40 units. A vacant, uninhabitable home is situated on the property, but the property is being sold for its land value. A ...

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Contact Seller

Summit Sotheby's International Realty

Salt Lake City, UT

(801) 560-8932