1400 State St Apple Valley, UT 84737
This exceptional 272.49-acre property in Apple Valley, Utah, presents a remarkable investment opportunity. Located south of Hwy 59 and Jepson Canyon Blvd, this mixed-use land boasts approved Master Plan Development incorporating residential, commercial, resort, and hospitality uses. Infrastructure development is underway, with Public Infrastructure District #1 approved and funded, and additional PIDs planned to facilitate development. The property's stunning views and natural beauty offer limitless potential. Envision a thriving resort with hiking trails, a golf course, or a spa, all within a breathtaking landscape. Potential uses include hotels, retail spaces, museums, reception centers, and campgrounds. The approved Master Plan provides a solid foundation, but buyers have the flexibility to adapt or modify it to suit their vision. The asking price is $11,500,000. The property includes multiple APNs: AV-1384-JC3, AV-1381-JC1, AV-1337-A-1-A-1-A, AV-1381, AV-1347, AV-1382-JC2, AV-1341, AV-1340, AV-1383-JC2, AV-1353-JC2, and AV-1352. This is a chance to create a premier destination in Southern Utah. All information is for informational purposes only
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.