162 100 Logan, UT 84321
- Land
- 0.60 lot acres
Current Use by Public Records
- Logan High School / High School / Public Educational Institution
- Logan Youth Football / Club
- Brad Nelson / Personal Trainer
Property Details for 162 100
- Lot size
- 0.60 lot acres
- Property type
- Land
Description
This exceptional 0.6-acre lot, located at 162 S 100 W in Logan, Utah's revitalized downtown area (zip code 84321), presents a unique investment opportunity. Currently zoned TC-1, the property boasts city approval for a 50-unit short-term rental development (ideal for Airbnb or VRBO) or a boutique hotel. With a total buildable area of 26,136 square feet, the site offers flexibility in unit design. The asking price is $1,600,000, translating to $61.22 per square foot of land. The property includes two existing parking spaces, but the development plan allows for ample guest parking, potentially two spaces per unit, accommodating a multi-level structure. The site's central location within Logan's ongoing urban renewal project ensures high visibility and strong potential for rental income. This fully approved project offers a rare chance to capitalize on the growing demand for short-term accommodations and the vibrant Logan, Utah market. The potential for 42 condos or apartments is also feasible, given the zoning and approved plans. This is a turnkey development opportunity with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Logan
- County
- Cache
- State
- Utah
- Longitude
- -111.838
- Latitude
- 41.7281
