Canyon Shadow Subdivision - Commercial Lodging Acreage 4.67 Acres of Commercial Land Offered at $2,575,000 in Moab, UT 84532

INVESTMENT HIGHLIGHTS

  • Highway frontage
  • Platted for townhome development
  • Short-term rental zoning capability

EXECUTIVE SUMMARY

OFFERS: Offers received after noon on Fridays will be presented the following business day. Please structure acceptance accordingly.
SELLER FINANCING: Seller financing for a qualified buyer with 30% down, interest rate of 6%, 10 year balloon, 30 year amortization, and prepayment penalty. Final terms to be based on buyer credit.
ZONING: San Juan County is in the process of updating their land use code. This property is slated to be split zoned, half HC and half MU-1. Short Term Rental capability and residential use are both legal non-conforming uses. Seller to provide confirmation from San Juan County with Seller Disclosures.
TAX PARCELS: this listing shall include the following San Juan County, Utah tax parcels ID numbers, to be sold together as one sale offering: 001500000000; 00150000U02A; 00150000U02B; 00150000U03A; 00150000U03B; 00150000U04A; 00150000U04B; 00150000U05A; 00150000U05B; 00150000U06A; 00150000U06B; 00150000U07A; 00150000U07B; 00150000U08A; 00150000U08B; 00150000U09A; 00150000U09B

PROPERTY FACTS

Price $2,575,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Single Family Development
Total Lot Size 4.67 AC
Zoning MU1/HC - County is in the process of updating land use code. This property is slated to be split zoned, half HC and half MU-1.

1 LOT AVAILABLE

Lot

Price $2,575,000
Price Per AC $551,391.86
Lot Size 4.67 AC

DESCRIPTION

OPPORTUNITY ABOUNDS – with Canyon Shadow Subdivision! Located in San Juan County, this 3.76-acre development parcel offers over 440 ft of Highway 191 frontage. A rare gem in Moab's investment market, Canyon Shadow Subdivision presents exceptional short-rental potential – either with a permitted hotel or motel, or with the current platted 16 – unit twin home subdivision with approved short-term rental use. The current common area provides ample space for additional trailer parking and other non-structural amenities, enhancing the versatility of the site. It's your opportunity to build with the current subdivision or liquidate the current plat to make it a clean palate for your personal vision! Situated in close proximity to Ken's Lake, Steel Bender Trail, Behind the Rocks, and the La Sal Mountains, Canyon Shadow offers a prime location for outdoor enthusiasts and investors alike.

PROPERTY TAXES

  • Listing ID: 32720427

  • Date on Market: 8/7/2024

  • Last Updated:

  • Address: Canyon Shadow Subdivision, Moab, UT 84532