Corner Lot Development
For Sale
$898,000
7382 West 3500th Street South, Magna, UT 84044
Flat, build-ready corner parcel zoned R-2-6.5 with prior approvals for three duplexes.
Property Size33,541 SF
Lot Size0.77 Acres
Price / SF$26.77
Days on Market573
Property Features for 7382 West 3500th Street South
General Information
Standard status
Active
Size
33,541 SF
Lot size
0.77 Acres
Property subtype
Land / Multi Family
Zoning
Multi-Family
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$1,822
Amenities
No
Listing Agency:
Investment Realty Advisors LLC
Listed By:
Elliot Abel · License #9416637
(801) 231-8722
Source:
Compass
Added: Apr 5, 2025
Changed: Oct 25
Last Checked: Oct 28 at 11:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Investment Realty Advisors LLC
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Investment Insights
Based on property information with market context.
This is a flat, build-ready corner lot totaling 0.77 acres, offered for development. The parcel is zoned R-2-6.5 and was previously supported by plans approved for three duplexes, for a total of six units. The property presents as land suited for a multifamily residential layout within the constraints of the existing zoning.
The site sits at an intersection on a corner, providing straightforward access from more than one direction. Located in Magna, Utah, the parcel is described as being just minutes from major amenities and commuter routes, supporting convenient day-to-day access for future residents.
For developers and investors seeking a multifamily opportunity, this R-2-6.5 corner lot offers a clear development direction based on the prior approved duplex plans. Its build-ready condition and intersection location make it practical for designing and positioning duplex units within the allowed residential framework, subject to all applicable approvals for any revised or renewed plans.
The site sits at an intersection on a corner, providing straightforward access from more than one direction. Located in Magna, Utah, the parcel is described as being just minutes from major amenities and commuter routes, supporting convenient day-to-day access for future residents.
For developers and investors seeking a multifamily opportunity, this R-2-6.5 corner lot offers a clear development direction based on the prior approved duplex plans. Its build-ready condition and intersection location make it practical for designing and positioning duplex units within the allowed residential framework, subject to all applicable approvals for any revised or renewed plans.
Key Highlights
- 0.77‑acre flat, build‑ready corner lot at 7382 W 3500 S in Magna
- Zoned R‑2‑6.5 for residential multifamily development
- Past plans approved for three duplexes (six total units)
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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Business Placement
Demographics for 84044, UT
29,284
Population
9,057
Households
3.2
Avg Household Size
30
Median Age
14%
College-Educated
85%
High-School Grad
73.3 sq mi
ZIP Area
400
Density / Sq Mi
$87,516
Median Household Income
$41,853
Median Earnings
$1,623
Median Rent
$341,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Flat, build-ready corner parcel zoned R-2-6.5 with prior approvals for three duplexes.
Where is this residential land & home lot located?
The property is located at 7382 West 3500th Street South 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: 0.77‑acre flat, build‑ready corner lot at 7382 W 3500 S in Magna; Zoned R‑2‑6.5 for residential multifamily development; Past plans approved for three duplexes (six total units)
