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    23 Hwy 30 & Hwy Mendon, UT 84325

    For Sale
    $1,003,000

    48.75 Acres, Commercial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 48.75-acre property presents a unique investment opportunity in Petersboro, Utah. Strategically located at the intersection of Highway 30 and Highway 23, this land offers significant potential for diverse development. The property comprises three parcels: 12-033-0003 (26.61 acres), 12-033-0058 (9 acres), and 12-033-0057 (13.14 acres), with varying pricing per acre. Currently zoned A10, allowing one unit per ten acres, future land use plans designate approximately 20 acres for commercial development, primarily on the southern portion, while the remainder is suitable for agricultural use. This blend of zoning allows for flexibility in development plans, catering to both commercial and agricultural needs. The property is conveniently located just 8 miles from Logan, 16 miles from Tremonton, and 25 miles from Brigham City, providing easy access to regional amenities and a growing population base. Power is available nearby; however, there are no water shares included, and buyers are responsible for verifying all utility connections. The asking price for this expansive property is $1,003,000. This presents a compelling opportunity for investors seeking a versatile land holding with significant upside potential in a rapidly developing area.

    Property Features for 23 Hwy 30 & Hwy

    General Information

    Property type
    Farms
    Lot Size
    2,123,550 SF

    HighLights

    • $1,003,000 asking price for 48.75 acres of land.
    • Located at Hwy 30 & Hwy 23, Petersboro, UT 84325 (APN: 12‑033‑0003, 12‑033‑0058, 12‑033‑0057).
    • Currently zoned A10; future land use includes approximately 20 acres of commercial potential.
    • Power available nearby; buyer to verify utilities. No water shares included.
    • Proximity to Logan (8 miles), Tremonton (16 miles), and Brigham City (25 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mendon
    County
    Cache
    State
    Utah
    Longitude
    -111.981862
    Latitude
    41.75374

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    FAQs

    What type of property is this?
    Farm - 48.75 Acres, Commercial Potential
    Where is this farm located?
    The property is located at 23 Hwy 30 & Hwy Mendon, UT.
    What is the asking price?
    The asking price for this property is $1,003,000.
    What are key features of this property?
    This property features: $1,003,000 asking price for 48.75 acres of land.; Located at Hwy 30 & Hwy 23, Petersboro, UT 84325 (APN: 12-033-0003, 12-033-0058, 12-033-0057).; Currently zoned A10; future land use includes approximately 20 acres of commercial potential.
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    23 Hwy 30 & Hwy Mendon, UT 84325
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    Mendon, UT 84325
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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
    23 Hwy 30 & Hwy Mendon, UT 84325
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