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Property Facts

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.22 AC
Year Built 1948
Opportunity Zone Yes
Zoning 1206

1 Lot Available

Lot

Price $2,500,000
Price Per AC $2,100,840.34
Lot Size 1.19 AC

Description

Unique investment and development opportunity located in the highly desirable Millcreek submarket of Salt Lake County. This offering consists of approximately 1.19 acres, subdivided into five recorded, platted, buildable lots with roadway access, together with a fully renovated single-family residence configured with a separate mother-in-law apartment, and a detached, fully renovated accessory dwelling unit. This portfolio is effectively positioned for immediate development. All major entitlement, engineering, and due diligence work has been completed, significantly reducing both timeline and entitlement risk. Investors are afforded the rare ability to acquire a project with infrastructure planning and municipal approvals already secured. This offering represents an exceptional opportunity to acquire a fully prepared infill development in one of Utah's most dynamic residential submarkets. All parcel IDs associated with this listing are as follows: 16-29-106-053, 16-29-106-047, 16-29-106-048, 16-29-106-049, 16-29-106-050, 16-29-106-051, 16-29-106-052

Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 16-29-106-052-0000
  • 16-29-106-051-0000
  • 16-29-106-050-0000
  • 16-29-106-049-0000
  • 16-29-106-025-0000
  • 16-29-106-048-0000
  • 16-29-106-047-0000
Land Assessment
$1,141,000
Improvements Assessment
$312,600
Total Assessment
$1,453,600
  • Listing ID: 38308975

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: 755 E Zenith Ave, Salt Lake City, UT 84106

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