239 State St Salt Lake City, UT 84111
This exceptional 12.96-acre agricultural property in Salt Lake City, Utah, presents a unique investment opportunity. Located at 239 S State St, 84111, this flat land boasts breathtaking mountain and valley views. The property includes four parcels: 2-J4-4, 6-118-1, 6-118-2, and 6-118-3, offering ample space for various development possibilities. Ideal for farming or building, it's a horse property with readily available utilities including gas and power. A septic tank is in place for sewer needs, and culinary water is available. A significant advantage is the ownership of 14 shares of water from the Joseph irrigation canal, ensuring a reliable water source for agricultural pursuits. The property's location in Salt Lake County provides convenient access to urban amenities while maintaining a tranquil rural setting. This is a rare opportunity to acquire a substantial parcel of land with exceptional features and potential in a highly desirable location. The asking price is $329,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.