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550 w 1750 N - Northfield Crossing Apartment Land 6.22 Acres of Residential Land Offered at $3,950,000 in Cedar City, UT 84721
Investment Highlights
- Entitlements in Hand, Execution Risk Reduced
- I-15 Frontage in a Growth Corridor
- High-Demand, Undersupplied Market
Executive Summary
This townhome site is situated approximately 1.5 miles from I-15 freeway access. The available Due Diligence items, including an ALTA Survey, ESA Phase 1, Geotechnical Report, and DRT planning/zoning notes can be provided upon request. Preliminary plat with 99 townhome units is in process of approval by the City. The sale includes necessary water rights for the development.
Property Facts
| Price | $3,950,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 6.22 AC |
| Property Type | Land | ||
| Zoning | R-M-3 - 24 Units Per Acre | ||
| Price | $3,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 6.22 AC |
| Zoning | R-M-3 - 24 Units Per Acre |
1 Lot Available
Lot
| Price | $3,950,000 | Lot Size | 6.22 AC |
| Price Per AC | $635,048.23 |
| Price | $3,950,000 |
| Price Per AC | $635,048.23 |
| Lot Size | 6.22 AC |
Description
6.22-acre multifamily development site located at approximately 550 W 1750 N in Cedar City, Utah. Zoned R-3-M (24 units/acre), the site carries a preliminary-approved plat for 99 townhome units across two floor plans — 65 units at 1,500 SF (2BR/2.5BA, 2-car garage) and 34 units at 1,200 SF (2BR/2.5BA, 1-car garage) — with planned amenities including a pool, clubhouse, and playground. Sale includes 18 acre-feet of water rights. Due diligence package available upon request (ALTA Survey, ESA Phase 1, Geotechnical Report, DRT notes)
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | B-1511-0000-0000 | Improvements Assessment | $0 |
| Land Assessment | $11,021 | Total Assessment | $11,021 |
Property Taxes
Parcel Number
B-1511-0000-0000
Land Assessment
$11,021
Improvements Assessment
$0
Total Assessment
$11,021
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550 w 1750 N - Northfield Crossing Apartment Land