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Property profile & analytics
OFF-MARKET
Land

5601 Old Lincoln Hwy Grantsville, UT 84029

1 ac lot
Property ID
US86-0648321
Property summary
AI-generated overview

This exceptional 157.64-acre property in Grantsville, Utah, presents a unique investment opportunity. Located at 5601 Old Lincoln Hwy, Tooele County, this land is zoned for residential development and offers a mix of developed and undeveloped lots. Thirty lots are fully developed and ready for immediate construction, while 32 additional lots are available as "paper lots," providing significant potential for future development. The average lot size is approximately 0.9 acres. This expansive property allows for the acquisition of individual lots or the purchase of the entire parcel in bulk. Developed lots are priced at $250,000 each, while undeveloped lots are offered at $120,000 each. The asking price for the entire Worthington Ranch is $12,000,000. This presents a compelling opportunity for both individual homebuilders and large-scale developers seeking a prime location in the desirable Grantsville area. The property's location offers convenient access to local amenities and boasts beautiful surroundings. With its strategic mix of ready-to-build and future development potential, this property is poised for significant returns. The property is owned by Worthington Ranch, LLC and is being offered for sale by owner. The property's latitude and longitude coordinates are 40.62787309288242, -112.5051499896093, and the zip code is 84029.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
UPID US86-0648321
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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