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1300 Tortoise Rock Dr - WASHINGTON GATEWAY APARTMENT LAND 8.3 Acres of Residential Land Offered at $12,748,347 CAD in Washington, UT 84780
Investment Highlights
- 8.3-acre multifamily development site – Zoned for high-density residential with capacity for approximately 196 units (~24 units per acre).
- Prime location within Washington Gateway – Direct I-15 access and freeway visibility, surrounded by new retail, hospitality, and commercial phases.
- Shovel-ready with utilities in place – All major infrastructure stubbed to the property line; only final site plan and building permits remain.
Executive Summary
Prime 8.3-acre multifamily development site located at Washington Parkway & Buena Vista Blvd in Washington, Utah, offering direct I-15 access via Exit 13 and unmatched freeway visibility. Zoned for high-density multifamily, the site supports approximately 196 units (~24 units per acre) with no additional entitlements required—only final site plan and building permits remain. The property is shovel-ready with utilities stubbed to the lot line and is positioned within the Washington Gateway master-planned community, surrounded by retail, hospitality, and commercial phases. Washington County is one of the fastest-growing regions in Utah, with a population increase of nearly 43% since 2010 and annual growth averaging 2.7%. New projects in the immediate area are achieving $1.50–$1.99 PSF rents with strong lease-up velocity at 95%+ occupancy. At an asking price of $9,300,000 ($47,449 per unit), this site offers investors a rare chance to capture demand in one of Southern Utah’s most dynamic markets.
Property Facts
1 Lot Available
Lot
| Price | $12,748,347 CAD | Lot Size | 8.30 AC |
| Price Per AC | $1,535,945.43 CAD |
| Price | $12,748,347 CAD |
| Price Per AC | $1,535,945.43 CAD |
| Lot Size | 8.30 AC |
Spanning 8.3 acres, and located within the Washington Gateway master plan, the site offers immediate development potential with entitlements already in place.
Description
8.3-acre multifamily development site at Washington Parkway & Buena Vista Boulevard in Washington, Utah. Zoned for high-density residential, the property supports up to 196 units (~24 units per acre) with no additional entitlements required. Shovel-ready with utilities at the lot line, the site sits within the Washington Gateway master plan, surrounded by retail, hospitality, and commercial uses.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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1300 Tortoise Rock Dr - WASHINGTON GATEWAY APARTMENT LAND
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