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144 E Canyon Commercial Ave
Cedar City, UT 84721
Canyon Commercial Multi Family · Terrain À vendre
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8,52 AC
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Faits saillants de l'investissement
- 8.52 Acres
- Approved for 204 units but currently laid out at 180 units
- Building plans can be included
- Zoned Multi-Family R-3-M
- Designed for 15 - 12 plex buildings
- Potential JV opportunity
Résumé de l'annonce
Prime Multi-Family Development Opportunity – 8.52 Acres
An exceptional opportunity to acquire a fully entitled multi-family development site offering scale, flexibility, and strong upside potential. This 8.52-acre parcel, zoned Multi-Family R-3-M, is approved for up to 204 residential units and is currently designed for 180 units across 15 twelve-plex buildings.
The site benefits from an efficient, well-conceived layout, and existing building plans may be included, providing a streamlined path toward development and reduced time to market. With zoning already in place and density approvals secured, this property is ideally suited for developers seeking a shovel-ready multi-family project.
Adding to the investment appeal is a potential joint venture opportunity, allowing for creative capital structuring. Additionally, an adjoining 1.25-acre retail parcel is available for separate purchase, offering the potential for complementary mixed-use development and enhanced long-term value.
Offered at $6,400,000, this property represents a compelling opportunity in a growing market with demand for quality multi-family housing.
An exceptional opportunity to acquire a fully entitled multi-family development site offering scale, flexibility, and strong upside potential. This 8.52-acre parcel, zoned Multi-Family R-3-M, is approved for up to 204 residential units and is currently designed for 180 units across 15 twelve-plex buildings.
The site benefits from an efficient, well-conceived layout, and existing building plans may be included, providing a streamlined path toward development and reduced time to market. With zoning already in place and density approvals secured, this property is ideally suited for developers seeking a shovel-ready multi-family project.
Adding to the investment appeal is a potential joint venture opportunity, allowing for creative capital structuring. Additionally, an adjoining 1.25-acre retail parcel is available for separate purchase, offering the potential for complementary mixed-use development and enhanced long-term value.
Offered at $6,400,000, this property represents a compelling opportunity in a growing market with demand for quality multi-family housing.
Faits sur la propriété
| Type de vente | Investissement ou propriétaire utilisateur | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Utilisation proposée | Multi-résidentiel |
| Type de propriété | Terrain | Taille totale du lot | 8,52 AC |
| Type de vente | Investissement ou propriétaire utilisateur |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 8,52 AC |
1 Lot disponible
Lot
| Prix | 8 816 000 $ CAD | Taille du lot | 8,52 AC |
| Prix par AC | 1 034 741,83 $ CAD |
| Prix | 8 816 000 $ CAD |
| Prix par AC | 1 034 741,83 $ CAD |
| Taille du lot | 8,52 AC |
• 8.52 Acres • Zoned Multi-Family R-3-M • Approved for 204 units but currently laid out at 180 units • Designed for 15 - 12 plex buildings • Building plans can be included
Description
• 8.52 Acres • Zoned Multi-Family R-3-M • Approved for 204 units but currently laid out at 180 units • Designed for 15 - 12 plex buildings • Building plans can be included • Potential JV opportunity • Adjoining 1.25-acre retail site can be sold separately • Price $6,400,000
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