1247 S 500 Rd

Richfield, UT 84701

  • 0 Sqft
  • 1.13
    Acres(Lot)
$539,900

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.

  • Property Type

    Land
  • County

    Sevier
  • Style

    Land
  • AD ID

    47262109

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BuyOwner last updated this listing 03/08/2025 @ 21:09

  • MLS: 2026967
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: UtahRealEstate

is a Land, with bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Richfield , in zip code 84701, this Sevier County Land and are nearby neighborhoods.