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Property profile & analytics
OFF-MARKET
Specialty properties

32 23 Monticello, UT 84535

Property ID
Property summary
AI-generated overview

This exceptional 40-acre property, located at 32 S 23 E, Monticello, UT 84535, presents a unique investment opportunity. Situated near the Utah/Colorado border, this land is ideally suited for various commercial or manufacturing uses. Currently zoned Green Belt, the property boasts low property taxes, with last year's assessment totaling just $7.80. While the property is currently unimproved, its proximity to existing utilities (neighbors have access to electricity, water, and sewer) makes it readily adaptable for development. The land's classification as "Special Purpose" allows for a range of potential uses, making it attractive for entrepreneurs and investors alike. This expansive acreage offers ample space for a variety of projects, from agricultural endeavors to light industrial operations. Buyers are responsible for verifying all information and for transferring the Green Belt designation into their name, including any associated transfer taxes. Electricity is readily accessible nearby. This property is perfect for those seeking a large parcel of land with significant potential in a desirable location. The asking price is $85,000. Serious inquiries only.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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