32 23 Monticello, UT 84535
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.
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
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.