1134 Hidden Spg Dr, Santaquin, UT 84655
Exceptional 30-acre commercial and residential development opportunity in Santaquin, Utah, situated in the heart of South Utah County. This pristine parcel boasts optimal freeway access and is located directly north of a new DR Horton townhome community. The property is zoned PC/C-1, allowing for a variety of development options. Utilities are stubbed past the asphalt, eliminating any moratorium on asphalt cutting and enabling immediate development. This presents an auspicious investment prospect in a rapidly growing area. The legal description is: COM N 15 CH FR SE COR. SEC. 10, T10S, R1E, SLB&M; N 7.5 CH; W 40 CH; S 7.5 CH; E 40 CH TO BEG. AREA 30.000 AC. Coordinates are 39.95613 N 111.80793 W. The asking price for this 30-acre parcel is $5,250,000. With Santaquin City's continued growth, this land offers a premier canvas for innovative development ventures poised to capitalize on the area's burgeoning economic landscape. The APN is 32-016-0020. This is a truly unique opportunity to acquire a large, well-located parcel ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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