Property profile

5380 7500 Hooper, UT 84315

OFF-MARKET
Land
9.37 ac lot
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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

Location

5380 7500 Hooper, UT 84315
Hooper metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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