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753 Division St - PARK CITY APPROVED SELF-STORAGE SITE 4.3 Acres of Commercial Land Offered at $10,257,225 CAD in Park City, UT 84098
Executive Summary
Property Facts Under Contract
| Price | $10,257,225 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.30 AC |
| Property Type | Land | ||
| Zoning | Commercial - Commercial Zoning | ||
| Price | $10,257,225 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.30 AC |
| Zoning | Commercial - Commercial Zoning |
1 Lot Available
Lot
| Price | $10,257,225 CAD | Lot Size | 4.30 AC |
| Price Per AC | $2,385,401.17 CAD |
| Price | $10,257,225 CAD |
| Price Per AC | $2,385,401.17 CAD |
| Lot Size | 4.30 AC |
Fully entitled Permit Ready//Current owners have worked through the process with Summit County and all agencies to deliver the site fully entitled to the buyer. Buyer will be responsible for pulling permits and executing agreements with the county.
Description
Located at the intersection of Interstate 80 and Highway 40 the asset will out position any other storage properties in the market and command the highest rates in the entire state. Due to the number of vacation properties, Park City also has above average usage rates with demand outpacing supply. Summit County and Park City are known for decades long entitlement processes and restrictive zoning. Park City is committed to maintaining resort style developments and additional housing, providing little opportunity for additional self-storage developments.
Property Taxes
| Parcel Number | SL-I-8-4A-AM | Improvements Assessment | $837,234 CAD |
| Land Assessment | $4,172,075 CAD | Total Assessment | $5,009,309 CAD |
Property Taxes
Presented by
753 Division St - PARK CITY APPROVED SELF-STORAGE SITE
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