0 67.67 Acres Us-89, Spring City, UT 84647
This exceptional 67.67-acre property presents a remarkable investment opportunity in Sanpete County, Utah. Strategically located on the west side of Highway 89, just north of the Basin Drive In Theater, this land boasts significant visibility due to its prominent highway frontage. The property offers approximately 1330 feet of direct access to US-89, making it ideal for a variety of commercial and residential developments. Its location within the Mt. Pleasant City Buffer Zone adds to its appeal. Access is also available from W 500 N, N 500 W, and E 19750 N, providing multiple points of entry. The asking price is $4,000,000. A significant advantage is the inclusion of 50 shares of Pleasant Creek Irrigation Water, a valuable asset for any future development plans. This expansive parcel presents a unique chance to capitalize on the growing area and create a thriving commercial or residential project. The property is situated in Diamond Mountain, UT, zip code 84647, and is conveniently located near Spring City. This prime location and substantial acreage make this a truly exceptional offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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