1031 Exchange

Lake Point, UT 1031 Exchange Properties for Sale

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Erda, UT Magna, UT Tooele, UT Grantsville, UT West Valley City, UT West Valley, UT West Jordan, UT Kearns, UT
Approved Duplex Development Lot
Updated: Jul 22
Approved Duplex Development Lot

1811 SHEPARD Ln, Lake Point, UT 84074

$514,500
0.40 AC lot
Lot approved for a duplex; included are plans for an additional 2‑bedroom, 2‑bath unit with an attached 2‑car garage
Plans previously approved by Lake Point City but will need to be obtained again due to time lapse
Existing updated 4‑bedroom, 2‑bath home with recent remodels including kitchen, renovated bathrooms, new carpet, fresh interior paint, and updated lighting
Spacious lot with mature trees and includes an out building plus a 9' x 10' storage shed for extra storage
Seller participating in a 1031 Exchange; buyer must cooperate by signing required documents if it does not add cost, expense, delay, or liability
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Point, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Mixed-Use Property
Four-Unit Mixed-Use Property

116 B St, Salt Lake City, UT 84103

$1,200,000
3,750 sqft 0.17 AC lot

Occupied units, off-street parking, and central access support an established multifamily operation.

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Side-by-Side Duplex
Side-by-Side Duplex

4427 S 4000 W, West Valley City, UT 84120

$435,000
2,016 sqft

One unit is vacant after interior updates, while the second has an occupied lease extending through June 30, 2027.

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Occupied Fourplex with Covered Parking
Occupied Fourplex with Covered Parking

116 N B St E, Salt Lake City, UT 84103

$1,075,000
3,750 sqft 0.17 AC lot

All four units are occupied, with access to downtown, public transit, and nearby institutions.

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Four-Unit Brick Quadplex
Four-Unit Brick Quadplex

4644 S CARNEGIE TECH St W, West Valley City, UT 84120

$879,000
3,472 sqft 0.22 AC lot

Fully rented multifamily property with two-bedroom units and resident parking.

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Lake Point, UT 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Lake Point, UT on our real estate platform.

Sale prices for 1031 exchange properties in Lake Point, UT average $514,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

1031 exchange properties 1

Demographics Overview

Population 57K
Population Growth (5Y) +13.0%
Median Household Income $102,313
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Lake Point submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Tooele - 84074 $514.5K

Listings Trend

New vs delisted commercial listings in Tooele County

New Delisted

Total CRE Inventory on Market (SF)

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