Multifamily Development Site

947 West S Temple Street, Salt Lake City, UT 84104

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For Sale

$4,500,000

Multi-parcel site with approved development plans for large apartment buildings and existing income buildings totaling 13,000 sqft.

Type:Land / Commercial

Property size:

42,253 SF

Lot size:

0.97 Acres

Price / SF:

$106/SF

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)
Two existing multifamily buildings totaling 13,000 sqft on the site
All multifamily plans provided can be built by current zoning (TSA‑UN‑T)
Due diligence materials available on request, including ALTA Survey, ESA Phase 1, Geotechnical Report, and DRT planning/zoning notes

We can help!

Listing Contact

William Angel Prince

Learn more

For Sale

$4,500,000

Multi-parcel site with approved development plans for large apartment buildings and existing income buildings totaling 13,000 sqft.

Type:Land / Commercial

Property size:

42,253 SF

Lot size:

0.97 Acres

Price / SF:

$106/SF

Added:: Aug 22, 2023
Days on Market:: 1024
Last Refresh:: Jun 6 at 2:20 am

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

We can help!

Listing Contact

William Angel Prince

Listing agent William Angel Prince License #11859522

Listing office Conrad Cruz Real Estate Services, LLC

Listing date Aug 22, 2023

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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

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)
Two existing multifamily buildings totaling 13,000 sqft on the site
All multifamily plans provided can be built by current zoning (TSA‑UN‑T)
Due diligence materials available on request, including ALTA Survey, ESA Phase 1, Geotechnical Report, and DRT planning/zoning notes

Overview

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.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Salt Lake City
County: Salt Lake
State: Utah
Longitude: -111.966
Latitude: 40.7476

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For sale
Apartment buildings
UT
Salt Lake City
84104
947 West S Temple Street

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)

947 West S Temple Street, Salt Lake City, UT 84104

Multi-parcel site with approved development plans for large apartment buildings and existing income buildings totaling 13,000 sqft.

Property Features for 947 West S Temple Street

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Educational Property in Salt Lake

Converted Multifamily Apartment Building

Professional Office Building in Sugarhouse

Large Multifamily Near University of Utah

Unique Loft Office Space

Duplex with Two 5-Bed Units

Renovated Multifamily Building Near University

Remodeled Duplex in Sugar House

Office Building for Redevelopment

Salt Lake City Multifamily Investment

Duplex and House Multi-Family

Industrial Flex Facility with Yard

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