1500 Hwy Tropic, UT 84764

This exceptional 61.88-acre commercial land parcel presents a unique investment opportunity near Bryce Canyon National Park in Tropic, Utah. Located at 1500 W Hwy 12, zip code 84764, this property boasts unparalleled access to the millions of annual visitors to the park. The area is currently underserved in terms of lodging, restaurants, and other tourism-related businesses, creating significant potential for development. The property is zoned to allow for hotels, restaurants, and other supporting commercial services, making it ideal for a variety of ventures catering to the substantial tourist traffic. This presents a rare chance to establish a thriving business in a high-demand location. While not included in the asking price of $5,000,000, separate water rights are available for purchase directly from the current owner. This property's strategic location and permitted uses offer a compelling return on investment for developers seeking to capitalize on the consistent influx of tourists to this world-renowned national park. Detailed information regarding water rights acquisition can be obtained upon request. The property's latitude and longitude coordinates are 37.6215335, -112.1549442 respectively. This is a truly exceptional opportunity for commercial development in a high-traffic, high-demand area.