Share This Listing

Message

923 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

East of Droubay Lane - 786.56 Acres of Development Land 786.59 Acres of Commercial Land Offered at $10,000,000 in Erda, UT 84074

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Beautiful Blank Slate of gentle sloping development ground against the East bench of the Tooele Valley.

EXECUTIVE SUMMARY

Some water is available for purchase with land.
Preliminary plat submitted for approval for a portion of the property.
This property will be serviced by the Oquirrh Point Infrastructure District.

PROPERTY FACTS

Price $10,000,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Single Family Development
  • Agricultural
Total Lot Size 786.59 AC
No. Stories 1
Zoning RR-5 & MU-40 - A new public services district is in the process of forming to provide services to this area of the valley. This property is priced at pre-services.

1 LOT AVAILABLE

Lot

Price $10,000,000
Price Per AC $12,713.10
Lot Size 786.59 AC

Total Acreage: 786.59 Can divide. 05-052-0-0001 (259.82 Acres) 03-005-0-0002 (120 Acres) 03-005-0-0003 (185.99 Acres) 03-006-0-006 (220.789 Acres) Uses: Multifamily and residential development approved.

DESCRIPTION

Beautiful opportunity for the savvy investor. Priced at pre-PSD, with the Oquirrh Point Improvement District in development is a great opportunity for a short land bank opportunity to explode in value as the delivery systems are installed. This opportunity won't last, and the prices will escalate as services are provided and plats are divided and sold as subdivisions.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-005-0-0002
  • 03-005-0-0003
  • 03-006-0-0006
Land Assessment
$1,716,055
Improvements Assessment
$0
Total Assessment
$1,716,055
  • Listing ID: 31271344

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: East of Droubay Lane, Erda, UT 84074

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}