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Magna Land Multifamily Development Opportunity
For Sale
$898,000

7382 W 3500 S, Magna, UT 84044

Land, Magna, UT

Property SizeContact for details
Lot Size0.77 Acres
Days on Market373

Property Features for 7382 W 3500 S

General Information

Property type Land
Property subtype Other
Zoning Multi-Family
Zoning description 1206
Subdivision CENTENNIAL V
Elementary school Lake Ridge
Middle school Matheson
High school Cyprus
Elementary school district Granite
Middle school district Granite
High school district Granite
Standard status Active
APN 14-28-476-040
Lot size 0.77 Acres

Taxes and HOA fees

Tax Annual Amount 1822
Listing Agency: Investment Realty Advisors LLC
Listed By: Elliot Abel · License #94166337-SA00
Added: Aug 14, 2025 Changed: Aug 19 Last Checked: Aug 21 at 7:06PM
MLS# 2105086

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Investment Insights

Based on property information with market context.

This 0.77-acre corner lot is located in Magna, Utah. Zoned R-2-6.5, the property is suitable for multifamily development. Past plans were approved for three duplexes, totaling six units. The flat, build-ready parcel is positioned on an intersection, offering visibility and utility access. The location provides access to amenities and commuter routes. This property is ideal for investors looking to capitalize on the real estate market. The zoning offers potential for building residential units to meet the demand for housing in the area.

Key Highlights

  • Zoned R‑2‑6.5 for multifamily development, offering potential for building multiple residential units.
  • Located in the desirable Magna area, providing access to amenities and conveniences.
  • 0.77‑acre corner lot, ideal for development.**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

193
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 0.77-acre corner lot zoned for multifamily development in Magna, UT.
Where is this land located?
The property is located at 7382 W 3500 S 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: Zoned R‑2‑6.5 for multifamily development, offering potential for building multiple residential units.; Located in the desirable Magna area, providing access to amenities and conveniences.; 0.77‑acre corner lot, ideal for development.**
More about this property
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