Listing Courtesy of: Austin Seegmiller - NRE LLC
$539,900 affordable loan icon Calculate Payment

1247 500 Richfield, UT 84701

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1.13 Acre Lot
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Last updated on 2/27/2025 9:43 AM

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**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 re...nts 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. Continue reading
MLS#
2026967
Property Type
Land
Lot Size
1.13
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Listing Courtesy of: Austin Seegmiller - NRE LLC
Andrea D. Conner, License 11041580-PB00, Xome Inc., License 8732130-CN00, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of the content refresh date/time listed below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Buyer to verify all information. Properties may or may not be listed by the office/agent presenting the information. The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last refreshed on 2/27/2025 9:43 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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