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    640 Utah Ave Tooele, UT 84074

    For Sale
    $799,000

    Prime Tooele land, residential development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7-acre parcel presents a remarkable opportunity for residential development in Tooele, Utah. Located at 640 W Utah Ave, Tooele, UT 84074, this property boasts a desirable flat topography, ideal for construction. Its prime location just west of downtown Tooele positions it perfectly to benefit from the city's growth and progress. The land is currently zoned residential, simplifying the development process. The parcel ID is 02-082-0-0017. The asking price for this exceptional opportunity is $799,000. Given its size, location, and zoning, this property represents a strong investment with significant potential for future appreciation. The seller may also be willing to discuss the possibility of acquiring additional acreage adjacent to this parcel, providing further expansion opportunities for larger-scale projects. This is a rare chance to acquire a substantial tract of land in a thriving Utah community. Contact us today to learn more about this exciting development opportunity.

    Property Features for 640 Utah Ave

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • 7‑acre land parcel.
    • Offered at $799,000.
    • Currently zoned residential.
    • Parcel ID: 02‑082‑0‑0017
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.31552
    Latitude
    40.5343606

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    FAQs

    What type of property is this?
    Land - Prime Tooele land, residential development potential.
    Where is this land located?
    The property is located at 640 Utah Ave Tooele, UT.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 7-acre land parcel.; Offered at $799,000.; Currently zoned residential.
    Request Owner's contact information
    640 Utah Ave Tooele, UT 84074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    640 Utah Ave Tooele, UT 84074
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