Multifamily Development
947 West S Temple Street Salt Lake City, UT 84104
For Sale
$4,500,000
Multi-parcel site with approved development plans for large apartment buildings and existing income buildings totaling 13,000 sqft.
Property Size42,253 SF
Lot Size0.97 Acres
Price / SF$106.50
Days on Market1069
Property Features for 947 West S Temple Street
General Information
- Standard status
- Active
- Size
- 42,253 SF
- Lot size
- 0.97 Acres
- Property subtype
- Land / Commercial
Listing Agency:
Conrad Cruz Real Estate Services, LLC
(830) 358-0010
Listed By:
William Angel Prince · License #11859522
(830) 358-0010
Source:
Compass
Added: Aug 22, 2023
Changed: Jul 10
Last Checked: Jul 23 at 10:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Conrad Cruz Real Estate Services, LLC
Investment Insights
Based on property information with market context.
This multifamily development site spans 0.97 acres and includes three parcels: 919 W South Temple (#15022010060000), 921 W South Temple (#15022010050000), and 947 W South Temple (#15022010040000). Site plans are attached for two apartment buildings totaling 160 units and 200 units. Two buildings currently on the site total 13,000 square feet. Due diligence materials, including an ALTA survey, ESA Phase 1, geotechnical report, and DRT planning/zoning notes, can be provided upon request.
The property is located in an Opportunity Zone near Downtown Salt Lake City. All provided multifamily plans can be built by current zoning right under TSA-UN-T.
For developers and multifamily operators, the site offers a defined path to scale, with attached building concepts for 160 and 200-unit apartment configurations that align with existing zoning. Existing improvements also provide current on-site building footprint while due diligence items and planning documentation are available to support the next steps.
The property is located in an Opportunity Zone near Downtown Salt Lake City. All provided multifamily plans can be built by current zoning right under TSA-UN-T.
For developers and multifamily operators, the site offers a defined path to scale, with attached building concepts for 160 and 200-unit apartment configurations that align with existing zoning. Existing improvements also provide current on-site building footprint while due diligence items and planning documentation are available to support the next steps.
Key Highlights
- 0.97‑acre multifamily development site in an opportunity zone near Downtown Salt Lake City
- Site plans for 160- and 200‑unit apartment buildings included with the listing
- Three parcels: 919 W South Temple (#15022010060000), 921 W South Temple (#15022010050000), and 947 W South Temple (#15022010040000)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Multi-parcel site with approved development plans for large apartment buildings and existing income buildings totaling 13,000 sqft.
Where is this apartment building located?
The property is located at 947 West S Temple Street Salt Lake City, UT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 0.97‑acre multifamily development site in an opportunity zone near Downtown Salt Lake City; Site plans for 160- and 200‑unit apartment buildings included with the listing; Three parcels: 919 W South Temple (#15022010060000), 921 W South Temple (#15022010050000), and 947 W South Temple (#15022010040000)
