Multifamily Development
For Sale
$4,500,000
947 W South Temple, Salt Lake City, UT 84102
0.97-acre development site with plans for 160 and 200-unit apartment buildings and two existing multifamily buildings totaling 13,000 sq. ft.
Property SizeContact for details
Lot Size0.97 Acres
Days on Market1110
Property Features for 947 W South Temple
General Information
Standard status
Active
Lot size
0.97 Acres
Property subtype
Land
Zoning
TSA-UN-T
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$13,992
Listing Agency:
Conrad Cruz Real Estate Services, LLC
(801) 244-3888
Listed By:
William Angel Prince · License #11859522
(830) 358-0010
Source:
Exprealty
Added: Aug 23, 2023
Changed: Sep 2
Last Checked: Sep 4 at 1:16PM
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 Conrad Cruz Real Estate Services, LLC
Investment Insights
Based on property information with market context.
This 0.97-acre multifamily development site includes three parcels at 919, 921, and 947 W South Temple. Two buildings are currently on-site, totaling 13,000 sq. ft., and attached site plans outline apartment buildings of 160 and 200 units.
The development is described as buildable under current zoning right, TSA-UN-T. Due diligence items, including an ALTA survey, ESA Phase 1, geotechnical report, and DRT planning/zoning notes, are available upon request.
The listing agent is related to the seller. For questions or to request supporting documents, contact John Prince at (801) 913-1505.
The development is described as buildable under current zoning right, TSA-UN-T. Due diligence items, including an ALTA survey, ESA Phase 1, geotechnical report, and DRT planning/zoning notes, are available upon request.
The listing agent is related to the seller. For questions or to request supporting documents, contact John Prince at (801) 913-1505.
Key Highlights
- 0.97‑acre multifamily development site in an opportunity zone near Downtown Salt Lake City
- Attached site plans include apartment buildings sized for 160 and 200 units
- Three‑parcel site on W South Temple: 919, 921, and 947 W South Temple
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,634
Businesses Nearby
Explore this area
Business Placement
Demographics for 84102, UT
18,857
Population
11,348
Households
1.7
Avg Household Size
29
Median Age
56%
College-Educated
94%
High-School Grad
1.9 sq mi
ZIP Area
9,925
Density / Sq Mi
$50,040
Median Household Income
$32,432
Median Earnings
$1,305
Median Rent
$487,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 0.97-acre development site with plans for 160 and 200-unit apartment buildings and two existing multifamily buildings totaling 13,000 sq. ft.
Where is this apartment building located?
The property is located at 947 W South Temple Salt Lake City, UT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 0.97‑acre multifamily development site in an opportunity zone near Downtown Salt Lake City; Attached site plans include apartment buildings sized for 160 and 200 units; Three‑parcel site on W South Temple: 919, 921, and 947 W South Temple
