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    Land

    5380 7500, Hooper, UT 84315

    9.37 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.37-acre property in Hooper, Utah, presents a compelling investment opportunity. Priced at $1,000,000, this land offers significant potential. The property comprises two parcels: a larger 8.18-acre parcel (Parcel # 10-019-0017) and a smaller 1.19-acre parcel (Parcel # 10-021-0010). The sale price equates to less than $107,000 per acre, making it a highly competitive offering. The property boasts 180 feet of frontage on 7500 West Street, providing excellent accessibility. Included in the sale is a small, existing home located at 5380 S 7500 W on the smaller parcel, complete with a four-car detached garage. The home is sold "as is" and is currently rented on a month-to-month basis. Furthermore, the sale includes eight shares of Hooper Irrigation Water, ensuring ample water resources for future development. The property is zoned for residential use, opening up various development possibilities. Located in Weber County, Utah, with the address 5380 S 7500 W, Hooper, UT 84315, this property offers a unique blend of land and existing structures, ideal for investors seeking a versatile and valuable asset.

    Property profile
    Verified
    Property type Land
    Lot 9.37 ac (408,157 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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