1348 Cassity Dr Tooele, UT 84074
This exceptional 39-acre property presents a remarkable development opportunity in Tooele County, Utah. Located at 1348 E Cassity Dr, Tooele, UT 84074, this land boasts a prime location at the southeast end of Tooele, offering breathtaking 360-degree views. The property is zoned to allow for the development of 86 individual lots, with sizes ranging from 12,102 to 24,798 square feet (see uploaded documentation for the detailed layout). City approval for this lot configuration is already in place, streamlining the development process. The terrain features a gradual slope, and the land itself is characterized by sagebrush, scrub oak, and weeds. Utilities are stubbed in, including gas, power, and water, providing a solid foundation for construction. The asking price for this expansive and versatile property is $8,298,000. This is an unparalleled chance to capitalize on the growing Tooele real estate market and create a thriving residential community. The property's location offers easy access to Skyline and Cassity Drive, providing convenient access to the city and surrounding areas. Don't miss this exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.