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0.47 Acres, Townhome Land: Salt Lake 2 Land Properties Offered at $1,120,000 in Salt Lake City, UT
INVESTMENT HIGHLIGHTS
- SR-3 Zoning Allows townhomes dev by right
- Highly desirable development product-townhome
- Close to downtown
EXECUTIVE SUMMARY
Graystone Capital Advisors is pleased to present 240 N Rendon Court, a two-lot offering and development opportunity in a prime Salt Lake City location that is close to everything.
The offering comprises 0.47 acres of development-ready land across two adjacent, contiguous parcels, both zoned SR-3 (Attached Dwelling). The site is well-suited for a new townhome project with by-right development potential, eliminating lengthy rezone processes and reducing time to develop.
Located in a neighborhood with excellent transit connectivity and proximity to downtown employment centers, this offering provides investors the opportunity to capitalize on Salt Lake City's robust population growth and strong demand in the for-sale housing market.
The SR-3 zoning streamlines the approval process for townhome builds, facilitating project execution in one of the city's most dynamic markets.
*Please see additional listing for lot with existing assets to the East of 240 Rendon (221 N 600W), Zoned SR1-A and with 3 SF homes and 1 Duplex. All 3 Lots can be purchased together.
The offering comprises 0.47 acres of development-ready land across two adjacent, contiguous parcels, both zoned SR-3 (Attached Dwelling). The site is well-suited for a new townhome project with by-right development potential, eliminating lengthy rezone processes and reducing time to develop.
Located in a neighborhood with excellent transit connectivity and proximity to downtown employment centers, this offering provides investors the opportunity to capitalize on Salt Lake City's robust population growth and strong demand in the for-sale housing market.
The SR-3 zoning streamlines the approval process for townhome builds, facilitating project execution in one of the city's most dynamic markets.
*Please see additional listing for lot with existing assets to the East of 240 Rendon (221 N 600W), Zoned SR1-A and with 3 SF homes and 1 Duplex. All 3 Lots can be purchased together.
DATA ROOM Click Here to Access
- Offering Memorandum
- Market Information
- Title and Insurance
- Miscellaneous
PROPERTY FACTS
| Price | $1,120,000 | Number of Properties | 2 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 0.47 AC |
| Price | $1,120,000 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 0.47 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | INDIVIDUAL PRICE |
|---|---|---|---|
| 640 200, Salt Lake City, UT 84116 | Land | 0.25 AC | - |
|
Lot 2: SR-3 Development Land
240 Rendon ct, Salt Lake City, UT 84116 |
Land | 0.22 AC | - |
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0.47 Acres, Townhome Land: Salt Lake
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