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    Ut-36 Midvale, UT 84047

    For Sale
    $11,900,000

    Prime Tooele County land, ideal for industrial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 105-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Tooele County, Utah. Strategically situated along Highway 36, this M-G zoned property offers unparalleled access to Downtown Tooele and its numerous amenities, all within a five-minute radius. The location ensures convenient proximity to essential utilities and services, streamlining development plans. Tooele County boasts the fastest growth rate in Utah, a state experiencing exceptional population expansion. This surge is fueled by factors such as affordable housing options, upgraded recreational facilities, enhanced community amenities, and significant new construction projects. Recent developments include a substantial new high school, a new LDS temple, and other substantial buildings. The property's size and zoning make it suitable for a wide range of industrial developments, capitalizing on the area's robust growth trajectory. The asking price for this remarkable property is $11,900,000. This represents a compelling investment in a high-growth area with significant future potential. Don't miss this chance to secure a prime piece of land in one of Utah's most dynamic counties. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 Ut-36

    General Information

    Property type
    Land
    Lot Size
    4,573,800 SF

    HighLights

    • $11,900,000 asking price.
    • 105‑acre commercial land parcel.
    • M‑G zoning.
    • Located in Tooele, Utah, on UT‑36, near Downtown Tooele and amenities.
    • Excellent access to utilities.
    • Situated in Tooele County, Utah's fastest‑growing county.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midvale
    County
    Tooele
    State
    Utah
    Longitude
    -111.8985922
    Latitude
    40.6112959

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    FAQs

    What type of property is this?
    Land - Prime Tooele County land, ideal for industrial development.
    Where is this land located?
    The property is located at Ut-36 Midvale, UT.
    What is the asking price?
    The asking price for this property is $11,900,000.
    What are key features of this property?
    This property features: $11,900,000 asking price.; 105-acre commercial land parcel.; M-G zoning.
    (801) 580-3895
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    Ut-36 Midvale, UT 84047
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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
    Ut-36 Midvale, UT 84047
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