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    Moyle Land Cp Erda, UT 84074

    Sponsored
    For Sale
    $39,394,538

    Utah Retail Land: Massive Potential

    Property size:
    42,975,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 986.59-acre commercial land parcel in Erda, Utah (Lake Point, Tooele County, zip code 84074), presents a rare large-scale development opportunity. Priced at $39,394,538 ($0.92/SF land value), the property boasts a total square footage of 42,975,860 and is conveniently located on the east side of Highway 36, offering easy access to I-80 and Downtown Salt Lake City. The land is comprised of several parcels (259.82 acres, 120 acres, 185.99 acres, and 220.789 acres) with Mu-40 and Rr-5 zoning designations. This allows for a diverse range of development possibilities, including industrial, residential, office, resort hospitality, and commercial uses. The property is suitable for subdivision, making it an attractive investment for large-scale projects. This is one of the few remaining large land opportunities currently available on the market, presenting a unique chance to acquire a significant land holding in a rapidly growing area of Utah. The property's size, location, and zoning flexibility make it an ideal investment for developers seeking a substantial project with high potential returns.

    Property Features for Moyle Land Cp

    General Information

    Property type
    Land
    Square Feet
    42,975,860 SF
    Lot Size
    42,975,860 SF

    HighLights

    • 986.59‑acre commercial land parcel in Erda, Utah (Lake Point, Tooele County, zip code 84074).
    • $39,394,538 asking price ($0.92/SF land value).
    • 42,975,860 total square feet.
    • Highway 36 frontage with easy I‑80 and Salt Lake City access.
    • Multiple parcels with Mu‑40 and Rr‑5 zoning, allowing diverse development (industrial, residential, office, resort, commercial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erda
    County
    Tooele
    State
    Utah
    Longitude
    -112.2619362
    Latitude
    40.5931124

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Utah Retail Land: Massive Potential
    Where is this land located?
    The property is located at Moyle Land Cp Erda, UT.
    What is the asking price?
    The asking price for this property is $39,394,538.
    What are key features of this property?
    This property features: 986.59-acre commercial land parcel in Erda, Utah (Lake Point, Tooele County, zip code 84074).; $39,394,538 asking price ($0.92/SF land value).; 42,975,860 total square feet.
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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
    Moyle Land Cp Erda, UT 84074
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