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    7382 W 3500 S Magna, UT 84044

    For Sale
    $898,000

    LAND - Magna, UT

    Lot size:
    0.77 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 7 at 1:06 pm

    Property Features for 7382 W 3500 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    APN
    14-28-476-040
    Lot size
    0.77 Acres

    Investment Realty Advisors, LLC (801) 971-2542 [email protected]

    Listing agent Elliot Abel (435) 485-7070

    Listing date Aug 14, 2025

    MLS# 2105086 Listing URL

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

    Overview

    Magna Land Multifamily Development Opportunity

    This 0.77-acre corner lot is located in Magna, Utah. Zoned R-2-6.5, the property is suitable for multifamily development. Past plans were approved for three duplexes, totaling six units. The flat, build-ready parcel is positioned on an intersection, offering visibility and utility access. The location provides access to amenities and commuter routes. This property is ideal for investors looking to capitalize on the real estate market. The zoning offers potential for building residential units to meet the demand for housing in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Magna
    County
    Salt Lake
    State
    Utah
    Longitude
    -112.067635
    Latitude
    40.696931

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    FAQs

    What type of property is this?
    Land - 0.77-acre corner lot zoned for multifamily development in Magna, UT.
    Where is this land located?
    The property is located at 7382 W 3500 S Magna, UT.
    What is the asking price?
    The asking price for this property is $898,000.
    What are key features of this property?
    This property features: - Zoned R-2-6.5 for multifamily development, offering potential for building multiple residential units.; - Located in the desirable Magna area, providing access to amenities and conveniences.; - **0.77-acre corner lot, ideal for development.**
    (435) 485-7070
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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
    7382 W 3500 S Magna, UT 84044
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