Share This Listing

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1300 Tortoise Rock Dr - WASHINGTON GATEWAY APARTMENT LAND 8.3 Acres of Residential Land Offered at $9,300,000 in Washington, UT 84780

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 8.3-acre multifamily development site – Zoned for high-density residential with capacity for approximately 196 units (~24 units per acre).
  • Prime location within Washington Gateway – Direct I-15 access and freeway visibility, surrounded by new retail, hospitality, and commercial phases.
  • Shovel-ready with utilities in place – All major infrastructure stubbed to the property line; only final site plan and building permits remain.

EXECUTIVE SUMMARY

Prime 8.3-acre multifamily development site located at Washington Parkway & Buena Vista Blvd in Washington, Utah, offering direct I-15 access via Exit 13 and unmatched freeway visibility. Zoned for high-density multifamily, the site supports approximately 196 units (~24 units per acre) with no additional entitlements required—only final site plan and building permits remain. The property is shovel-ready with utilities stubbed to the lot line and is positioned within the Washington Gateway master-planned community, surrounded by retail, hospitality, and commercial phases. Washington County is one of the fastest-growing regions in Utah, with a population increase of nearly 43% since 2010 and annual growth averaging 2.7%. New projects in the immediate area are achieving $1.50–$1.99 PSF rents with strong lease-up velocity at 95%+ occupancy. At an asking price of $9,300,000 ($47,449 per unit), this site offers investors a rare chance to capture demand in one of Southern Utah’s most dynamic markets.

PROPERTY FACTS

Price $9,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 8.30 AC
Zoning Washington Gateway Master - Washington Gateway Master Plan

1 LOT AVAILABLE

Lot

Price $9,300,000
Price Per AC $1,120,481.93
Lot Size 8.30 AC

Spanning 8.3 acres, and located within the Washington Gateway master plan, the site offers immediate development potential with entitlements already in place.

DESCRIPTION

8.3-acre multifamily development site at Washington Parkway & Buena Vista Boulevard in Washington, Utah. Zoned for high-density residential, the property supports up to 196 units (~24 units per acre) with no additional entitlements required. Shovel-ready with utilities at the lot line, the site sits within the Washington Gateway master plan, surrounded by retail, hospitality, and commercial uses.

  • Listing ID: 37642165

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 1300 Tortoise Rock Dr, Washington, UT 84780

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}