895 Maple Dr Cedar City, UT 84720
- Land
- 2.23 lot acres
Current Use by Public Records
- Land
Property Details for 895 Maple Dr
- Lot size
- 2.23 lot acres
- Property type
- Land
Description
Exceptional investment opportunity in Cedar City, Utah, presents a 2.23-acre parcel ideally suited for townhome development. This property, encompassing four parcels (Iron County tax account numbers 0499653, 0499654, 0499655, and 0499656), is already platted and approved for a townhome subdivision, significantly reducing development hurdles. The site boasts convenient proximity to shopping and banking amenities, enhancing its appeal and potential for rapid occupancy. Infrastructure is largely in place, with utilities and sewer lines stubbed to the lots. Development is underway, with Phase 1 ready for immediate construction and Phase 2 partially improved. This turnkey opportunity includes valuable development water rights, ensuring a smooth and efficient building process. The property is listed at $2,100,000, offering a compelling return on investment. Note that Phase 1 is available for separate purchase at $1,100,000. Located at 895 Maple Dr., Cedar City, UT 84720, this property represents a rare chance to capitalize on the thriving Cedar City real estate market. Don't miss this chance to acquire a fully approved and partially improved townhome development site.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar City
- County
- Iron
- State
- Utah
- Longitude
- -113.004
- Latitude
- 37.6436
