Ctr St Summit, UT 84772
- Commercial real estate
- 8.86 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Ctr St
- Lot size
- 8.86 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.86-acre commercial parcel presents a remarkable investment opportunity in Summit, UT. Ideally situated right off the highway exit, this property boasts prime visibility and accessibility, making it perfect for a wide range of commercial ventures. The land is zoned commercial, offering flexibility for development. The expansive acreage provides ample space for various projects, from retail centers to light industrial facilities. Water rights are included, with one acre-foot of water allocated for each acre purchased. This ensures sufficient water resources for any future development. Furthermore, the seller is offering attractive financing options, requiring a 25% down payment. This presents a unique chance to acquire a substantial commercial property with significant development potential at a competitive price of $243,650. The seller is open to selling parcels ranging from 5 to 100 acres, providing scalability to suit various project needs. All potential buyers are responsible for verifying zoning regulations and conducting their own due diligence. This is a rare opportunity to secure a strategically located commercial property with significant upside potential. Don't miss out on this chance to build your business in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summit
- County
- Iron
- State
- Utah
- Longitude
- -112.936
- Latitude
- 37.7946