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- LoopNet Team
575 Center st
Dutch John, UT 84023
575 South Center Street · Land For Sale
·
1.41 AC
INVESTMENT HIGHLIGHTS
- Central location to multiple outdoor recreation areas.
- Near the Utah/Wyoming border and only 1 hour 19 minutes from Green River, WY.
- 5 minute drive from Flaming Gorge or Little Hole recreational areas.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Commercial | Total Lot Size | 1.41 AC |
| Zoning | Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 1.41 AC |
| Zoning | Commercial |
DESCRIPTION
Peak Collective Real Estate with KW Commercial is pleased to present for sale a commercial development site on 1.41 acres of land in Dutch John, UT. The proposed development plans to build out 21 condos, is fully entitled and approved by the city, and a developer would only need to have architecture and plans done to have it shovel ready. Each condo is planned to have a 2-car garage that can store a boat and/or trailer. The land is already improved with water, sewer, gas and electric. At a suggested cost of $300/SF per condo, the build-out has a potential to generate a gross revenue of $11,970,000. This location represents excellent investment opportunity for any developer or investor. It is a prime location less than 5 minutes from Flaming Gorge as well as Little Hole and various fishing and hunting opportunities. See offering memorandum for more details.
PROPERTY TAXES
| Parcel Number | 02-0170-0001 | Improvements Assessment | $0 |
| Land Assessment | $222,684 | Total Assessment | $222,684 |
PROPERTY TAXES
