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681 E 700 N - 700 Block 2.69 Acres of Residential Land Offered at $13,614,686 CAD in Logan, UT 84321
Investment Highlights
- Adjacent to campus
- 2.70 buildable acres
- 28,900 enrolled students
- Access streets on 3 sides
Executive Summary
Property Overview:
The property encompasses a total of 2.69 acres, consisting of eight contiguous lots. Currently, these lots are occupied by vacant single-family homes and multi-tenant buildings, offering significant redevelopment potential.
Zoning and Development Potential:
This site is zoned CR-Campus Residential, which allows for a high-density student housing development. The zoning permits up to 40 units per acre, with each unit accommodating up to 6 bedrooms. Additionally, the maximum allowable building height is 55 feet, providing flexibility for multi-story construction.
Proximity to University and Demand:
The property's prime location is ideal for serving the student population of the adjacent Utah State University. With a current enrollment of 28,900 students at Utah State University, there is strong demand for quality student housing in the area.
The property encompasses a total of 2.69 acres, consisting of eight contiguous lots. Currently, these lots are occupied by vacant single-family homes and multi-tenant buildings, offering significant redevelopment potential.
Zoning and Development Potential:
This site is zoned CR-Campus Residential, which allows for a high-density student housing development. The zoning permits up to 40 units per acre, with each unit accommodating up to 6 bedrooms. Additionally, the maximum allowable building height is 55 feet, providing flexibility for multi-story construction.
Proximity to University and Demand:
The property's prime location is ideal for serving the student population of the adjacent Utah State University. With a current enrollment of 28,900 students at Utah State University, there is strong demand for quality student housing in the area.
Property Facts
| Price | $13,614,686 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.69 AC |
| Property Type | Land | ||
| Zoning | CR - Campus Residential | ||
| Price | $13,614,686 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.69 AC |
| Zoning | CR - Campus Residential |
1 Lot Available
Lot 8
| Price | $13,614,686 CAD | Lot Size | 2.69 AC |
| Price Per AC | $5,061,221.68 CAD |
| Price | $13,614,686 CAD |
| Price Per AC | $5,061,221.68 CAD |
| Lot Size | 2.69 AC |
PRIME STUDENT HOUSING DEVELOPMENT OPPORTUNITY: The subject property is the largest of 8 contiguous lots that make up the 2.69 acre land purchase opportunity for a new student housing development, adjacent to Utah State University with 28,900 students
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05-039-0001 | Improvements Assessment | $1,745,719 CAD |
| Land Assessment | $1,884,936 CAD | Total Assessment | $3,630,656 CAD |
Property Taxes
Parcel Number
05-039-0001
Land Assessment
$1,884,936 CAD
Improvements Assessment
$1,745,719 CAD
Total Assessment
$3,630,656 CAD
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681 E 700 N - 700 Block
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