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    405 E 500 S Fillmore, UT 84631

    New
    For Sale
    $2,200,000

    Land, Other - Fillmore, UT

    Lot size:
    58.87 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 10 at 9:06 pm

    Property Features for 405 E 500 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2
    APN
    28-21-4
    Lot size
    58.87 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Architectural style
    Other

    Engel & Völkers Salt Lake City [email protected]

    Listing agent Olivia Bostwick (385) 213-8705

    Listing date Dec 6, 2025

    MLS# 2125926 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Development Opportunity in Fillmore

    This 58.87-acre residential development opportunity, known as "The Ridge", features frontage on 500 South and 700 East in Fillmore, Utah. Phase 1 includes 40 previously city-approved lots. A buyer or developer can resubmit the existing layout or modify it to fit their vision. The remaining phases have also been designed, offering a seamless path for full-scale development. The property is located at the base of the Pahvant Mountain Range, offering access to wildlife, hunting, and ATV recreation. The area is experiencing growth due to the influx of AI companies and tech-focused industries, increasing the demand for housing. The property is zoned R-2. The location on 500 South is near newer homes, positioning this expansive property as a location for residential development in this foothill community.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fillmore
    County
    Millard
    State
    Utah
    Longitude
    -112.566964
    Latitude
    39.345309

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    FAQs

    What type of property is this?
    Land - Exceptional residential development opportunity in a growing Utah community.
    Where is this land located?
    The property is located at 405 E 500 S Fillmore, UT.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Prime residential development opportunity in Fillmore, an area experiencing rapid growth due to incoming AI and tech industries.; - Phase 1 includes **40 city-approved lots**, with options to resubmit or modify the layout.; - Potential to purchase Phase 1 (20 acres) or the entire 58-acre contiguous parcel.
    (385) 213-8705
    Request Owner's contact information
    405 E 500 S Fillmore, UT 84631
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    405 E 500 S
    Fillmore, UT 84631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 E 500 S Fillmore, UT 84631
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