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Property profile & analytics
OFF-MARKET
Land

23 Hwy 30 & Hwy Mendon, UT 84325

48.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 48.75-acre property presents a unique investment opportunity in Petersboro, Utah. Strategically located at the intersection of Highway 30 and Highway 23, this land offers significant potential for diverse development. The property comprises three parcels: 12-033-0003 (26.61 acres), 12-033-0058 (9 acres), and 12-033-0057 (13.14 acres), with varying pricing per acre. Currently zoned A10, allowing one unit per ten acres, future land use plans designate approximately 20 acres for commercial development, primarily on the southern portion, while the remainder is suitable for agricultural use. This blend of zoning allows for flexibility in development plans, catering to both commercial and agricultural needs. The property is conveniently located just 8 miles from Logan, 16 miles from Tremonton, and 25 miles from Brigham City, providing easy access to regional amenities and a growing population base. Power is available nearby; however, there are no water shares included, and buyers are responsible for verifying all utility connections. The asking price for this expansive property is $1,003,000. This presents a compelling opportunity for investors seeking a versatile land holding with significant upside potential in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 48.75 ac (2,123,550 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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