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    Main St Grantsville, UT 84029

    Sponsored
    For Sale
    Contact for pricing

    Prime Utah land, high-density potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 35.06-acre residential lot in Grantsville, Utah, presents a remarkable development opportunity. Recently rezoned for residential use by the city, this property boasts 535 feet of frontage on W Main Street and offers the potential for subdivision into approximately 100 quarter-acre lots or more than 50 half-acre lots (estimates). The property includes available water shares, a significant advantage for future development. Located adjacent to an established residential area and situated at the edge of a major growth zone, this land benefits from Grantsville's impressive population growth exceeding 26% since 2020. The proximity to Tooele, a city experiencing 14.5% population growth in the past four years, further enhances the investment potential. This parcel offers a unique chance to capitalize on the thriving residential market in this rapidly expanding area of Tooele County, Utah, with a zip code of 84029. The property is priced at $2,350,000.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    1,527,214 SF

    HighLights

    • 35‑acre residential lot available in Grantsville, UT.
    • Potential for subdivision into ~100 quarter‑acre lots.
    • Includes available water shares.
    • 535 feet of frontage on W Main Street.
    • Located near Grantsville's growth center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grantsville
    County
    Tooele
    State
    Utah
    Longitude
    -112.495832
    Latitude
    40.595874

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    FAQs

    What type of property is this?
    Land - Prime Utah land, high-density potential.
    Where is this land located?
    The property is located at Main St Grantsville, UT.
    What are key features of this property?
    This property features: 35-acre residential lot available in Grantsville, UT.; Potential for subdivision into ~100 quarter-acre lots.; Includes available water shares.
    (636) 219-5642
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    Main St Grantsville, UT 84029
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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
    Main St Grantsville, UT 84029
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