Tropic Utah Highway 12
Panguitch, UT 84759
Tropic Development Property · Land For Sale · 61.52 AC

PURCHASE SUMMARY: The purchase price for the entire 61.52 acre parcel represents just over $15,445 dollars per acre or $950,000.00. Sellers will consider selling smaller 10 acre parcels that vary depending on location between $180,000 and $195,000 per parcel. Seller will carry up to 70% or approximately $665,000 for 3 to 5 years at 7% or 8% depending on terms. PROPERTY INFORMATION: The Town of Tropic has culinary water and sewer lines. Tropic’s water and sewer system is under renovation and hook-ups may be limited for the next few months. The Property does come with irrigation water rights (15acre/feet) and has Power and Fiber Optics on site for easy connections. Nestled within one of Southern Utah’s picturesque red cliff valleys, with spectacular views of Bryce Canyon National Park, the Tropic Development property lies just two hours (110 miles) northeast of St. George, Utah just off Highway 12 and Highway 89 (to the West). It is just 30 minutes (25 miles) from Panguitch Town, and lies within the Grand Circle with easy and quick access to Bryce Canyon (5 miles), Zion (65 Miles), Lake Powell (65 Miles), Grand Canyon, Kodachrome Basin (5 miles), Escalante Staircase (2 Miles), Coral Pink Sand Dunes (60 Miles) and many additional points of tourism. Closest I-15 Exit is Exit # 95 (about 54 miles to the West).    This premium 61.52 acre parcel of land in Garfield County, Utah is surrounded by BLM and State owned lands to the west, and abuts the SE corner of Bryce Canyon National Park. The parcel has over a mile of Hwy 12 frontage and is just minutes (2 miles) from the Town of Tropic. The Town of Escalante is 39 miles to the East. The surrounding recreational areas which include several National & State Parks, National Forest areas and National Recreational areas have easy and immediate access from the Subject Property. *Prime Hospitality Development Property at $15,445/Acre. *Also available in 10 acre parcels at $18,000/acre to $19,500/acre. *Seller will carry up to 70% of the cost for 3 to 5 years at very reasonable interest terms (7% to 8%). *Water rights and Power are available at the property. Fiber Optics available. *Property has over a mile of frontage adjacent to the Bryce Canyon National Park. *Property is the first commercial site outside the Park heading East on Hwy 12.