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Multifamily Development Land

140 E CENTER, North Salt Lake, UT 84054

For Sale
New
$3,950,000

The parcel supports a proposed multifamily project alongside retail and office space under current zoning.

Property SizeContact for details
Days on Market4

Property Features for 140 E CENTER

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,500
Listing Agency: Align Complete Real Estate Services LLC
Listed By: Jonah Hornsby · License #6409658
Source: Acresutah
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 5:13PM

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 Align Complete Real Estate Services LLC

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Investment Insights

Based on property information with market context.

This 1.61-acre commercial land parcel is associated with a proposed multifamily project of approximately 148 units. The proposal also includes 12,000 square feet of retail and office space. The project is described as permitted under the current zoning.

Key Highlights

  • Proposed multifamily project of approximately 148 units under current zoning
  • 12,000 SF of retail and office space
  • 1.61‑acre parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Quick Quack Car Wash Shops & Services
9,651 visits/mo 0.4 miles
Sinclair Shops & Services
7,246 visits/mo 0.4 miles
Chevron Shops & Services
4,598 visits/mo 0.1 miles
PostNet Shops & Services
881 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
253 visits/mo 0.2 miles

Demographics for 84054, UT

21,552
Population
7,658
Households
2.8
Avg Household Size
31
Median Age
41%
College-Educated
94%
High-School Grad
8.6 sq mi
ZIP Area
2,506
Density / Sq Mi
$107,889
Median Household Income
$50,071
Median Earnings
$1,648
Median Rent
$472,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Davis County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - The parcel supports a proposed multifamily project alongside retail and office space under current zoning.
Where is this commercial land located?
The property is located at 140 E CENTER North Salt Lake, UT.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Proposed multifamily project of approximately 148 units under current zoning; 12,000 SF of retail and office space; 1.61‑acre parcel
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