805 N Redwood Rd, North Salt Lake, UT 84054

$3,700,000
List Price
$3,700,000
Status
UNDER CONTRACT
MLS#
2128104
Days on Market
273
Parcel Number
06-082-0270
Acres
2.30
Terms
Cash, Commercial Fin. Req.
County
Davis
Region
Bntfl; NSL; Cntrvl; WdX; Frmtn

Property Description

Prime 2.3-Acre Development Site in High-Growth Corridor Outstanding opportunity to acquire a 2.3-acre commercial site in the heart of a rapidly transforming area surrounded by new retail, office, and multifamily development. With new apartment communities on both sides, this property sits in the middle of strong demand and continued growth. The site includes a 4,136 SF warehouse suitable for immediate flex-industrial-office-retail use, featuring multiple overhead garage doors, garage space, office build-out, and restrooms on both levels. City road frontage and access on both sides of the property provide exceptional flexibility for operations or future redevelopment. This is a land-value play with significant upside. Environmental remediation will be required for continued commercial use. More extensive remediation would be required for multifamily redevelopment, with higher associated costs. This Commercially zoned property offers rare scale, location, and access in an area where developable land is increasingly scarce. Ideal for investors, developers, or owner-users looking to capitalize on the momentum of this corridor.

Additional Information

Taxes
$31,524
Exterior Features
Out Buildings
School District
Davis
Elementary School
None/Other
Middle School
None/Other
High School
None/Other

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Calculator source: Real Geeks

Listing courtesy of Salt Lake Investment Real Estate Co..

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