0 Main St Grantsville, UT 84029
This exceptional 35.06-acre residential lot in Grantsville, Utah, presents a remarkable development opportunity. Recently rezoned for residential use by the city, this property boasts 535 feet of frontage on W Main Street and offers the potential for subdivision into approximately 100 quarter-acre lots or more than 50 half-acre lots (estimates). The property includes available water shares, a significant advantage for future development. Located adjacent to an established residential area and situated at the edge of a major growth zone, this land benefits from Grantsville's impressive population growth exceeding 26% since 2020. The proximity to Tooele, a city experiencing 14.5% population growth in the past four years, further enhances the investment potential. This parcel offers a unique chance to capitalize on the thriving residential market in this rapidly expanding area of Tooele County, Utah, with a zip code of 84029. The property is priced at $2,350,000.
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.