2808 Erda Way Erda, UT 84074
This exceptional 76-acre commercial property in Erda, Utah, presents a remarkable investment opportunity. Located in the desirable Mid Valley Highway Corridor, this strategically positioned parcel boasts easy access and a hard corner location, offering significant visibility and convenience. Its zoning permits commercial development, making it ideal for a wide range of uses, including warehouses, storage facilities, or mixed-use projects. The property's proximity to key landmarks such as the Lakeview Business Park, Utah Motorsports Campus, and the Purple Building Complex further enhances its appeal. The asking price of $12,000,000 includes substantial water rights, totaling 100.214 acre-feet of underground water, a significant asset in this area. The property's versatility, coupled with its prime location and abundant water resources, makes it an attractive proposition for developers and investors seeking a high-potential commercial venture. The APN is 05-067-0-0001. The address is 2808 W Erda Way, Erda, UT 84074. This land is zoned for commercial use and offers significant potential for various commercial and industrial developments. The included water rights add considerable value to this already exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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