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941 W Euclid Ave

Salt Lake City, UT 84104
  • $500,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 1988772
$500,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

INCREDIBLE INVESTMENT OPPORTUNITY located just two blocks from the Power District, a picturesque, 100-acre planned development in the heart of Salt Lake City's westside anticipated to begin in late 2024, and shovel-ready site for a planned Major League Baseball ballpark. This property is located in an "Opportunity Zone" with Transit Station Area (TSA) high-density zoning. A similar parcel to the east on Euclid, once a residential listing, was redeveloped as high-density townhomes with each 1,100 sf unit selling for $450,000 or more in 2022. Another high-density 5-plex is planned on a similar parcel to the north on Euclid that is in the permitting process. The adjacent land parcel to the west on Euclid, having already been scraped, is also in the permitting process for 40 units. A vacant, uninhabitable home is situated on the property, but the property is being sold for its land value. A bid has been obtained to scrape the lot and soil testing has already been done. A recent commercial appraisal values the property at much higher than the list price. Thelocation is ideally situated between the Salt Lake City International Airport and the intersection of three major interstates (I-80, I-15, I-215), and is close to UTA's light rail system, TRAX, which runs along the Power District and includes two stations. It is among the most accessible locations along the Wasatch Front, only 15 minutes to the University of Utah, and 40 minutes to Park City and Utah's world-class ski resorts. Don't miss this opportunity to invest in what will be highly sought-after real estate right next to the anticipated Power District! Property sold as-is with no warranties on the home or garage. No property tours at this time.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-04-03T23:41:25.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.lawsonrealestateteam.com/homes/148986887
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941 W Euclid Ave Salt Lake City, UT 84104

  • Price: $500,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 1988772
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Archer-Kullak Sub
County:
Salt Lake
Area:
Salt Lake City; Rose Park
Elementary School:
Franklin
Middle School:
None/Other
High School:
None/Other
School District:
Salt Lake
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY located just two blocks from the Power District, a picturesque, 100-acre planned development in the heart of Salt Lake City's westside anticipated to begin in late 2024, and shovel-ready site for a planned Major League Baseball ballpark. This property is located in an "Opportunity Zone" with Transit Station Area (TSA) high-density zoning. A similar parcel to the east on Euclid, once a residential listing, was redeveloped as high-density townhomes with each 1,100 sf unit selling for $450,000 or more in 2022. Another high-density 5-plex is planned on a similar parcel to the north on Euclid that is in the permitting process. The adjacent land parcel to the west on Euclid, having already been scraped, is also in the permitting process for 40 units. A vacant, uninhabitable home is situated on the property, but the property is being sold for its land value. A bid has been obtained to scrape the lot and soil testing has already been done. A recent commercial appraisal values the property at much higher than the list price. Thelocation is ideally situated between the Salt Lake City International Airport and the intersection of three major interstates (I-80, I-15, I-215), and is close to UTA's light rail system, TRAX, which runs along the Power District and includes two stations. It is among the most accessible locations along the Wasatch Front, only 15 minutes to the University of Utah, and 40 minutes to Park City and Utah's world-class ski resorts. Don't miss this opportunity to invest in what will be highly sought-after real estate right next to the anticipated Power District! Property sold as-is with no warranties on the home or garage. No property tours at this time.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Exterior Features See Remarks Frontage Length 0.0 Garage YN No Horse Property YN Yes Lot Features See RemarksCurb & GutterSidewalksTerrain: Flat Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No Spa YN No Topography Terrain: Flat View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Cooling YN No Fireplace YN No Heating YN False Rooms Total 0

Property Features

Association YN No Cross Street 190 Current Use Residential Direction Faces North Lease Considered YN No Listing Terms CashConventional New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Residential Senior Community YN No Sewer Sewer: Public Tax Annual Amount 1222 Utilities See RemarksSewer: PublicGas: StubbedPower: StubbedSewer: Stubbed Zoning Multi-Family Zoning Description 1205

Listing provided courtesy of Summit Sotheby's International Realty: 801-467-2100. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-04-03T23:41:25.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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