3550 Sheep Ln Erda, UT 84074
This exceptional 65.49-acre industrial land parcel presents a compelling investment opportunity in Erda, Utah. Strategically located at 3550 S Sheep Ln, 84074, this property boasts two distinct parcels: a 60.32-acre section zoned C-T and a 5.17-acre section zoned Municipal. The asking price is $14,263,722, translating to a land value of $5 per square foot. The property's prime location offers significant advantages, including proximity to major transportation arteries. It's situated less than 10 minutes from Interstate 80 and within a 30-minute drive of Salt Lake City International Airport. Furthermore, its adjacency to the Utah Motorsports Campus provides unique potential for synergistic development. The property's zoning allows for a wide range of industrial uses, and there's potential for the development of a Union Pacific rail spur, enhancing logistical capabilities. This expansive land parcel offers significant development potential for businesses seeking a strategic location with excellent access to transportation and infrastructure. The APNs for the parcels are 01-128-0-0008 and 01-129-0-0003. This is a rare opportunity to acquire a large, well-located industrial land parcel in a rapidly growing area of Utah. Tooele County location provides access to a skilled workforce and a supportive business environment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.