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    1348 Cassity Dr Tooele, UT 84074

    For Sale
    $8,298,000

    39 Acres, 86 Approved Lots, Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 39-acre property presents a remarkable development opportunity in Tooele County, Utah. Located at 1348 E Cassity Dr, Tooele, UT 84074, this land boasts a prime location at the southeast end of Tooele, offering breathtaking 360-degree views. The property is zoned to allow for the development of 86 individual lots, with sizes ranging from 12,102 to 24,798 square feet (see uploaded documentation for the detailed layout). City approval for this lot configuration is already in place, streamlining the development process. The terrain features a gradual slope, and the land itself is characterized by sagebrush, scrub oak, and weeds. Utilities are stubbed in, including gas, power, and water, providing a solid foundation for construction. The asking price for this expansive and versatile property is $8,298,000. This is an unparalleled chance to capitalize on the growing Tooele real estate market and create a thriving residential community. The property's location offers easy access to Skyline and Cassity Drive, providing convenient access to the city and surrounding areas. Don't miss this exceptional investment opportunity.

    Property Features for 1348 Cassity Dr

    General Information

    Property type
    Farms
    Lot Size
    1,698,840 SF

    HighLights

    • $8,298,000 asking price.
    • 39‑acre land parcel.
    • Agricultural and residential zoning.
    • 86 lots approved by the City of Tooele.
    • Lot sizes range from 12,102 to 24,798 square feet.
    • Utilities stubbed (gas, power, water, irrigation).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.2704933
    Latitude
    40.5138245

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    FAQs

    What type of property is this?
    Farm - 39 Acres, 86 Approved Lots, Stunning Views
    Where is this farm located?
    The property is located at 1348 Cassity Dr Tooele, UT.
    What is the asking price?
    The asking price for this property is $8,298,000.
    What are key features of this property?
    This property features: $8,298,000 asking price.; 39-acre land parcel.; Agricultural and residential zoning.
    Request Owner's contact information
    1348 Cassity Dr 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
    1348 Cassity Dr Tooele, UT 84074
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