Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lot 1 Carter Subdivision New Harmony, UT 84757

    View on Map
    For Sale
    $420,000

    LAND - New Harmony, UT

    Property size:
    217,800 SF
    Lot size:
    5.01 Acres
    Added:
    Jul 16, 2025
    Days on Market:
    262
    Last Refresh:
    Apr 3 at 2:06 pm

    Property Features for Lot 1 Carter Subdivision

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    CRTR-1-NS
    Size
    217,800 SF
    Lot size
    5.01 Acres

    We can help!

    Listing Contact
    KAY LYNN CARTER

    Listing agent KAY LYNN CARTER

    Listing office ERA Realty Center 259 W 200 N, CEDAR CITY, UT

    Listing date Jul 16, 2025

    MLS# 25-263185 Listing URL

    Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Southern Utah Valley

    This six-lot subdivision is located in a valley in Southern Utah. The parcels range from 5 to 6 acres. The location offers views of Kolob Canyon and Pine Valley Mountain. The lots are positioned to provide a private feel while being part of a designed neighborhood. The setting includes open skies, sunsets, and mountain backdrops. Utilities are available in the street. The property is suitable for building a home or investment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    New Harmony
    County
    Washington
    State
    Utah
    Longitude
    -113.308
    Latitude
    37.4794

    Nearby Similar for Sale

    • $448,000
      219,542 SF

      Ready-to-Build Land in Kolob Estates

      5-acre property with utilities, building plans, and scenic views.
      3842 S Canyon Cove, New Harmony, UT 84757
      View Details
    • $450,000
      245,243 SF

      New Harmony 5.63-Acre Corner Lot

      Buildable 5.63-acre corner lot with mountain views in New Harmony.
      1705 E 460 N, New Harmony, UT 84757
      View Details
    • $299,900
      3,685 SF

      New Harmony Land with Water

      5+ acres in New Harmony with water rights.
      5 Acres + 1 AFW, New Harmony, UT 84757
      View Details
    • $275,000
      217,800 SF

      Land with Mountain Views

      Scenic lot in Black Ridge Ranches with easy access.
      1463 S Old Hwy 91, New Harmony, UT 84757
      View Details
    • $225,000
      145,490 SF

      Land Backing Wayne Canyon

      3.34-acre parcel with direct canyon access in New Harmony.
      2235 S Chekshani Cliffs, New Harmony, UT 84757
      View Details
    • $42,250

      Water Rights in New Harmony

      Water rights for sale, transferable within specified area.
      1.69 AF WR #81-2733, New Harmony, UT 84757
      View Details
    • $450,000
      261,360 SF

      New Harmony Land Subdivision

      Six lots available in a scenic Southern Utah valley.
      Lot 4 Carter Subdivision, New Harmony, UT 84757
      View Details
    • $450,000
      260,924 SF

      Spacious Lots with Mountain Views

      Rare 6-lot subdivision with mountain views in Southern Utah.
      Lot 5 Carter Subdivision, New Harmony, UT 84757
      View Details
    • $450,000
      254,826 SF

      Spacious Lots with Mountain Views

      Rare 6-lot subdivision with mountain views in Southern Utah.
      Lot 2 Carter Subdivision, New Harmony, UT 84757
      View Details
    • $440,000
      226,076 SF

      Land in New Harmony, UT

      5.19 acre commercial land for sale in New Harmony.
      Lot 6 Carter Subdivision, New Harmony, UT 84757
      View Details
    • $1,499,900
      1,742,400 SF

      40 Acres in New Harmony

      Unique 40-acre parcel with 360° views in New Harmony, UT.
      40 Acres, New Harmony, UT 84757
      View Details
    • $450,000
      261,795 SF

      New Harmony Land For Sale

      6.01 acre commercial land available in New Harmony, Utah.
      Lot 3 Carter Subdivision, New Harmony, UT 84757
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Six-lot subdivision with mountain views and utilities available.
    Where is this residential land & home lot located?
    The property is located at Lot 1 Carter Subdivision New Harmony, UT.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: Rare 6‑lot subdivision in a stunning Southern Utah valley.; Spacious parcels ranging from 5 to 6 acres.; Breathtaking views of Kolob Canyon and Pine Valley Mountain.
    (435) 691-0719
    We can help!
    Listing Contact
    KAY LYNN CARTER
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!