
Description
Just down the street from Fairpark Station and blocks from Salt Lake City's vibrant downtown core, this prime, mixed-use development site is in an ideal location to provide broad tenant appeal. While just minutes away from Salt Lake's shopping, eateries, and over 150,000 jobs, a scenic city park across the street provides a valuable retreat with ample green space. Situated on a flat, corner lot, the site easily accommodates most designs and provides easy access to the project. Located at the convergence point of a Qualified Opportunity Zone, RDA Project Area, and TSA-SP-T Zoning, the assemblage provides significant benefits to the savvy investor from 3 sources that are typically significant in and of themselves. Project has already received approval through the expedited TSA approval process. Most land due diligence (geotech, survey, engineering, etc.) has been completed as well. Building permit for 101 unit phase 1 is currently under review with the city and is expected to be issued by Jan. 2020. Site can accommodate a phase 2 of approximately the same size. Parcels included in sale: 08-35-378-013-0000, 08-35-378-014-0000, 08-35-378-003-0000, 08-35-378-004-0000, 08-35-378-007-0000, 08-35-378-008-0000, 08-35-378-009-0000.
-
0BEDS
-
1.1ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Just down the street from Fairpark Station and blocks from Salt Lake City's vibrant downtown core, this prime, mixed-use development site is in an ideal location to provide broad tenant appeal. While just minutes away from Salt Lake's shopping, eateries, and over 150,000 jobs, a scenic city park across the street provides a valuable retreat with ample green space. Situated on a flat, corner lot, the site easily accommodates most designs and provides easy access to the project. Located at the convergence point of a Qualified Opportunity Zone, RDA Project Area, and TSA-SP-T Zoning, the assemblage provides significant benefits to the savvy investor from 3 sources that are typically significant in and of themselves. Project has already received approval through the expedited TSA approval process. Most land due diligence (geotech, survey, engineering, etc.) has been completed as well. Building permit for 101 unit phase 1 is currently under review with the city and is expected to be issued by Jan. 2020. Site can accommodate a phase 2 of approximately the same size. Parcels included in sale: 08-35-378-013-0000, 08-35-378-014-0000, 08-35-378-003-0000, 08-35-378-004-0000, 08-35-378-007-0000, 08-35-378-008-0000, 08-35-378-009-0000.
Related Properties
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-04-19T23:37:17.52. 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. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.