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Property profile & analytics
OFF-MARKET
Land

1700 Washburnville Rd Monroe, UT 84754

14.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.06-acre property in Monroe, Utah, presents a unique opportunity for residential development. Located at 1700 N Washburnville Rd, Sevier County, (APN: s 5-18-10 & 5-18-12), this land is zoned RES and has already received county approval for subdivision into four individual lots. Each lot boasts an acre-foot of water rights, ensuring ample water resources for future homes. The property features breathtaking valley views from every lot. Utilities include available gas and power, while septic tanks will be required for sewage. The land itself is characterized by a gradual slope and includes pasture, sagebrush, and a stream. Additional features include equestrian access, making it ideal for horse lovers, and existing cement ditches. The well will need to be registered by the buyer or developer in its designated location. Irrigation rights are owned. This is a remarkable opportunity to build a residential community in a picturesque setting. The asking price is $367,700. Buyers are responsible for verifying all information. Zip code: 84754.

Property profile
Verified
Property type Land
Lot 14.06 ac (612,454 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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