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    FOR SALE
    Industrial land

    1924 S 7200 W, Magna, UT 84044

    2.33 ac lot
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US86-0476566
    1924 S 7200 W, Magna, UT 84044 For Sale
    $2,350,000
    1924 S 7200 W, Magna, UT 84044
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    Property summary
    AI-generated overview

    This exceptional 2.33-acre (101,495 square foot) industrial land parcel presents a unique investment opportunity. Zoned M-1, it's ideally suited for various industrial uses. The property boasts a secure perimeter with a fenced enclosure and locking gate, ensuring peace of mind. A compacted road base is already in place at the entrance, providing a solid foundation for immediate use. For those seeking enhanced accessibility, paving is a viable option, though this would result in a corresponding rent increase. Strategically located just 0.5 miles from State Route 201, this site offers convenient access to major transportation arteries. The property's zoning allows for temporary structures, providing flexibility for short-term needs while long-term plans are developed. This is a rare opportunity to acquire a well-situated, ready-to-develop industrial land parcel in a high-demand area. The availability date is April 2024, allowing ample time for planning and preparation. Don't miss this chance to secure your future in this thriving industrial zone. Contact us today to learn more about this exceptional property and its potential.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 2.33 ac (101,495 SF)
    Zoning code IP-M-1
    APN 14-16-400-013
    UPID US86-0476566
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lee Boynton Barney · 2 yrs held
    Lee Boynton Barney
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    IP-M-1 · Magna, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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