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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

1639 Bear Lake Blvd Garden City, UT 84028

105.35 ac lot
Property ID
US86-0632754
Property summary
AI-generated overview

This exceptional 105.35-acre parcel in Garden City, Utah, presents a fully engineered and approved 495-space RV park development. Located on Bear Lake, a major summer recreation destination, this property boasts city water and sewer, making it ready for immediate development. The site's convenient location near Bear Lake State Park, which saw over 569,903 visitors and a million visitor nights in 2023, ensures high demand. With approximately 3.7 million people residing within 150 miles, the potential for strong occupancy is significant. The scarcity of privately-owned land for development in this area further enhances the investment value. The gently sloping terrain towards the lake offers picturesque views and easy access to recreational opportunities. This development opportunity is ideally situated to capitalize on the growing tourism in the region, benefiting from the proximity to the vibrant Salt Lake City metropolitan area and its thriving economy. The property's zoning permits both recreational and single-family residential uses, offering flexibility for future expansion or diversification. This is a rare chance to acquire a fully permitted and ready-to-build RV park in a high-demand location. Don't miss this chance to invest in a thriving tourism market. The property is zoned for Recreational/Single Family Residential use.

Property profile
Verified
Property type Mobile home & RV parks
Lot 105.35 ac (4,589,046 SF)
UPID US86-0632754
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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