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42 N 8th W - 42-44 N 800 W / Multifamily Redevelopment 0.42 Acres of Residential Land Offered at $1,995,000 in Salt Lake City, UT 84116
Investment Highlights
- Multifamily Redevelopment Opportunity in North Temple District
- Vibrant and Sought-After Urban Neighborhood
- Concept Development Plans - 6-story, 65-unit Multifamily Residential Building
Executive Summary
Urban infill assemblage of four contiguous parcels totaling 0.42 acres (17,696 SF) in Salt Lake City's North Temple District. Zoned MU-8 (Mixed Use – 8 Stories), the site comes with conceptual plans for a 6-story, 65-unit multifamily development totaling 74,326 SF with ground-level parking. Surrounded by new multifamily development and positioned minutes from I-15, South Temple, and established neighborhood amenities. Significant upside in one of SLC's most active urban corridors.
Key Highlights:
0.42 AC | 4 parcels | MU-8 zoning
Concept plans: 65 units, 6 stories, 74,326 SF
Unit mix: 5 one-bed, 50 two-bed, 10 three-bed
27 ground-level parking spaces
High-growth North Temple District location
Key Highlights:
0.42 AC | 4 parcels | MU-8 zoning
Concept plans: 65 units, 6 stories, 74,326 SF
Unit mix: 5 one-bed, 50 two-bed, 10 three-bed
27 ground-level parking spaces
High-growth North Temple District location
Property Facts
1 Lot Available
Lot
| Price | $1,995,000 | Lot Size | 0.42 AC |
| Price Per AC | $4,750,000.00 |
| Price | $1,995,000 |
| Price Per AC | $4,750,000.00 |
| Lot Size | 0.42 AC |
42-44 North 800 West - 4 separate parcels; 3 occupied residences.
Description
0.42- acre assemblage of four contiguous parcels in Salt Lake City's historic North Temple District
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $11,100 | |
| Land Assessment | $789,900 | Total Assessment | $801,000 |
Property Taxes
Parcel Numbers
Land Assessment
$789,900
Improvements Assessment
$11,100
Total Assessment
$801,000
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42 N 8th W - 42-44 N 800 W / Multifamily Redevelopment
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