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Investment Highlights

  • Approved Site Plan: Designed for a dynamic mix of townhomes, apartments, and commercial spaces including retail and office buildings.
  • Vibrant location in the heart of Wellsville.
  • Expansive 18.84 acre site ready for development.

Executive Summary

Exceptional development opportunity in the heart of Wellsville City. The property includes approximately 18.84 acres located at the intersection of Main Street (SR-101) and US Highway 89/91.
A concept site plan and mixed-use zoning framework were previously approved by the Wellsville City Council. The owner is currently working with Wellsville City and UDOT to modify the configuration to accommodate highway access and intersection requirements. This process includes finalizing the internal road alignment, and Main Street improvements, along with subdivision of the property.
The proposed subdivision will create three lots:
• Residential Lot 1 – 4.77 acres
• Residential Lot 2 – 4.76 acres
• Commercial Lot – 7.8 acres
The two residential lots (9.53 acres combined) are currently planned to accommodate approximately 104 three-story townhomes. The commercial lot is planned for a mixed-use development including approximately 32 residential units and multiple commercial/retail pads based on the concept plan.
Updated subdivision and roadway plans are currently being submitted to and reviewed by Wellsville City and UDOT for approval.
Listing Price Includes:
The offering is for the planned residential portion of the development (9.53 acres total).
Excluded From Sale:
The 7.8-acre commercial parcel is excluded from the listing price and is not part of this offering.
This is a rare opportunity to acquire entitled residential development land within a larger master-planned mixed-use project, positioned along a major transportation corridor with strong regional growth potential.

Property Facts

Price $3,119,346 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Neighbourhood Centre
  • Single Family Development
  • Storefront, Retail or Office
Total Lot Size 18.84 AC
Zoning Specific, Small Projects - Section 10-54-8 Specific Plans for Small Projects of the City Code for Wellsville City, Utah.

1 Lot Available

Lot 1

Price $3,119,346 CAD
Price Per AC $165,570.40 CAD
Lot Size 18.84 AC

Approximately 18.84 acres of raw, level land. 7.8 acres of commercial land excluded from sale.

Description

Approximately 18.84 acres in the heart of Wellsville City in this prime offering. This expansive site is ready for development with a Wellsville City-approved Site Specific Plan that envisions a vibrant, mixed-use community. The total size is ~18.84 acres as detailed in the civil engineering site plan. Designed for a dynamic mix of townhomes, apartments, and commercial spaces including retail and office buildings. This site presents a unique chance to develop a comprehensive community with diverse uses. Don't miss out on this exceptional opportunity to shape the future of Wellsville City.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 11-087-0008
  • 11-089-0009
  • 11-087-0011
Land Assessment
$1,291,689 CAD
Improvements Assessment
$6,782 CAD
Total Assessment
$1,298,471 CAD
  • Listing ID: 35138383

  • Date on Market: 2025-03-14

  • Last Updated:

  • Address: 4798 S Hwy 89-91, Wellsville, UT 84339

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