745 W 400 S 0.74 Acres of Commercial Land Offered at $4,351,644 in Salt Lake City, UT 84104

The property presents a compelling opportunity for a high-density multifamily or mixed-use development in a prime infill location. The 0.74-acre assemblage, consisting of five contiguous parcels, is zoned MU-11, allowing for vertical development with building heights up to 125 feet (buyer to verify). A conceptual development program supports a 12-story project, comprised of three levels of structured parking and nine levels of residential units, accommodating approximately 180 apartment units. The proposed density aligns with the zoning intent and maximizes land efficiency while supporting long-term rental demand in the area. Structured parking provides efficient on-site access while preserving ground-level activation opportunities. The scale and flexibility of MU-11 zoning allow a developer to pursue a range of product types, including market-rate multifamily or a mixed-use configuration with potential ground-floor commercial. This site’s location, zoning, and scale position it as an ideal candidate for developers seeking to capitalize on urban growth, housing demand, and long-term value creation. Buyer to verify all zoning requirements, density, parking ratios, and development feasibility.