Commercial Land Development
For Sale
Contact for pricing
457 W Fayette Ave, Salt Lake City, UT 84101
General Commercial-zoned site with I-15 visibility near Salt Lake City’s Granary District dining and businesses.
Property SizeContact for details
Lot Size3.61 Acres
Days on Market122
Property Features for 457 W Fayette Ave
General Information
Standard status
Active
Lot size
3.61 Acres
Property subtype
Land
Zoning
CG
Additional Details
Highway Access
Yes
Multifamily Units
497
Listing Agency:
Legend Commercial
(801) 580-4945
Listed By:
Skyler Peterson SIOR · License #UT 6991009-SA00
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last Checked: Apr 13 at 10:25AM
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 Legend Commercial
Investment Insights
Based on property information with market context.
This commercial land development site is located in Salt Lake City’s Granary District, an area described as one of the city’s oldest districts with nearby restaurants, breweries, and businesses of varying sizes. The property is zoned CG (General Commercial District), which the seller notes is intended to support a wide range of commercial uses, including multifamily, retail sales/services, residential, office, entertainment, and industrial uses up to 60 feet, with greater heights possible through design review with the city.
The site is identified as having 3.61 acres and is described as right off I-15 with I-15 visibility. Seller’s proposed multifamily concept plan is for 497 total units: 280 studio units, 187 one-bedroom units, and 30 two-bedroom units. Access to the offering memorandum is provided via a confidentiality agreement.
The site is identified as having 3.61 acres and is described as right off I-15 with I-15 visibility. Seller’s proposed multifamily concept plan is for 497 total units: 280 studio units, 187 one-bedroom units, and 30 two-bedroom units. Access to the offering memorandum is provided via a confidentiality agreement.
Key Highlights
- 3.61‑acre site with I‑15 visibility in Salt Lake City’s Granary District, right off the I‑15 Freeway
- CG (General Commercial) zoning allows redevelopment into multifamily and other commercial uses up to 60' in height
- Design review has supported building heights upwards of 90' in the CG zone
Property Analytics
Current Use
Lease Details
497
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 84101, UT
8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - General Commercial-zoned site with I-15 visibility near Salt Lake City’s Granary District dining and businesses.
Where is this commercial land located?
The property is located at 457 W Fayette Ave Salt Lake City, UT.
What are key features of this property?
This property features: 3.61‑acre site with I‑15 visibility in Salt Lake City’s Granary District, right off the I‑15 Freeway; CG (General Commercial) zoning allows redevelopment into multifamily and other commercial uses up to 60' in height; Design review has supported building heights upwards of 90' in the CG zone
