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    1 Cyn Moab, UT 84532

    For Sale
    $2,900,000

    Prime Moab location, short-term rental potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.67-acre property in Moab, Utah, presents a unique investment opportunity. Located on Highway 191, it boasts over 440 feet of road frontage. Currently platted as a 16-unit twin home subdivision with approved short-term rental use, it offers immediate income potential. Alternatively, the property can be developed as a hotel or motel, given its MU-1 and HC zoning designations. The existing common area provides ample space for additional parking and amenities. The property's proximity to Ken's Lake, Steel Bender Trail, Behind the Rocks, and the La Sal Mountains makes it highly attractive to outdoor enthusiasts. Seller financing is available for qualified buyers with 30% down, a 6% interest rate, a 10-year balloon, 30-year amortization, and a prepayment penalty. Final terms are contingent upon buyer credit. San Juan County is updating its land use code; the property is slated for split zoning (half HC, half MU-1). Short-term rentals and residential use are legal non-conforming uses. The sale includes multiple tax parcels (001500000000; 00150000U02A; 00150000U02B; 00150000U03A; 00150000U03B; 00150000U04A; 00150000U04B; 00150000U05A; 00150000U05B; 00150000U06A; 00150000U06B; 00150000U07A; 00150000U07B; 00150000U08A; 00150000U08B; 00150000U09A; 00150000U09B), sold as one offering. Offers received after noon on Fridays will be presented the following business day.

    Property Features for 1 Cyn

    General Information

    Property type
    Multifamily properties
    Lot Size
    203,425 SF

    HighLights

    • $2,900,000 asking price.
    • 4.67‑acre lot in Moab, UT, with over 440 ft of Highway 191 frontage.
    • Short‑term rental potential; currently platted for 16 twin homes with approved short‑term rental use, or develop as a hotel/motel.
    • Prime location near Ken's Lake, Steel Bender Trail, Behind the Rocks, and La Sal Mountains.
    • Seller financing available with 30% down, 6% interest, 10‑year balloon, 30‑year amortization, and prepayment penalty.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Moab
    County
    San Juan
    State
    Utah
    Longitude
    -109.45767039156
    Latitude
    38.477984014624

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    FAQs

    What type of property is this?
    Multifamily property - Prime Moab location, short-term rental potential.
    Where is this multifamily property located?
    The property is located at 1 Cyn Moab, UT.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: $2,900,000 asking price.; 4.67-acre lot in Moab, UT, with over 440 ft of Highway 191 frontage.; Short-term rental potential; currently platted for 16 twin homes with approved short-term rental use, or develop as a hotel/motel.
    Request Owner's contact information
    1 Cyn Moab, UT 84532
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    Moab, UT 84532
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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
    1 Cyn Moab, UT 84532
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