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    162 100 Logan, UT 84321

    Sponsored
    For Sale
    $1,600,000

    Downtown Logan, UT: Hotel or Short-Term Rentals

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.6-acre lot, located at 162 S 100 W in Logan, Utah's revitalized downtown area (zip code 84321), presents a unique investment opportunity. Currently zoned TC-1, the property boasts city approval for a 50-unit short-term rental development (ideal for Airbnb or VRBO) or a boutique hotel. With a total buildable area of 26,136 square feet, the site offers flexibility in unit design. The asking price is $1,600,000, translating to $61.22 per square foot of land. The property includes two existing parking spaces, but the development plan allows for ample guest parking, potentially two spaces per unit, accommodating a multi-level structure. The site's central location within Logan's ongoing urban renewal project ensures high visibility and strong potential for rental income. This fully approved project offers a rare chance to capitalize on the growing demand for short-term accommodations and the vibrant Logan, Utah market. The potential for 42 condos or apartments is also feasible, given the zoning and approved plans. This is a turnkey development opportunity with significant upside potential.

    Property Features for 162 100

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • $1,600,000 Sale Price
    • Excellent Development Opportunity
    • Approved for 50 Short‑Term Rental Units (AirBnB/VRBO) or Extended Stay Hotel
    • 51 Main‑Level Parking Spaces
    • 0.60‑Acre Site, TC‑1 Zoning
    • Flexible Unit Layout
    Property Profile Location Intelligence

    Current Use by Public Records

    Logan High School High School Logan Youth Football Club Brad Nelson Personal Trainer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Logan
    County
    Cache
    State
    Utah
    Longitude
    -111.83763888
    Latitude
    41.72812649

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    FAQs

    What type of property is this?
    Land - Downtown Logan, UT: Hotel or Short-Term Rentals
    Where is this land located?
    The property is located at 162 100 Logan, UT.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 Sale Price; Excellent Development Opportunity; Approved for 50 Short-Term Rental Units (AirBnB/VRBO) or Extended Stay Hotel
    (801) 947-8343
    Request Owner's contact information
    162 100 Logan, UT 84321
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    Logan, UT 84321
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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
    162 100 Logan, UT 84321
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