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Property profile & analytics
OFF-MARKET
Land

2300 11000 Richmond, UT 84333

50.18 ac lot
Property ID
Property summary
AI-generated overview

This unique 50.18-acre land parcel in Richmond, Utah (84333), presents an unparalleled investment and development opportunity. Located at 2300 E 11000 N, Cache County, this property is being offered for sale for the first time in three generations. Its prime location offers unparalleled proximity to the Cherry Peak Ski Resort and recreation area, making it ideal for various development projects. The property is zoned to allow for the creation of five 10-acre lots suitable for individual homes, or, alternatively, a Conditional Use Permit (CUP) could enable the construction of a lodge with up to 15 room units per 10-acre lot. Cherry Peak hosts year-round events, including skiing, mountain biking, and concerts, ensuring consistent activity and potential for high demand. Infrastructure is already in place, with a city water main running through the property and connections readily available. The property also includes 11 shares of Richmond Irrigation water and is serviced by Rocky Mountain Power, with power already on-site. This is a truly exceptional, once-in-a-lifetime opportunity to acquire a significant land holding in a rapidly growing area with high recreational appeal. Asking price is $2,500,000.

Property profile
Verified
Property type Land
Lot 50.18 ac (2,185,841 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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