Outstanding Development/Investment Opportunity with MG ZONING APPROVED! Projected 8.9% Cap Rate. The Seller will deliver at closing a 22.93 Acre open RV & Boat Storage Development Opportunity with development concept plans, contractors, vendors & resources contact information, and a seasoned veteran storage builder. A Buyer can be operational 270 days from closing with pre-sold spaces starting during the contract period. This storage facility will have the ability to be fully automated and virtually operated from a distance. This location in the heart of Utah's outdoor recreation capital. There are an incredible amount of RV and ATV enthusiasts in the area with new residential developments not allowing people to park their RVs, ATVs, and Boats at their homes. Power is available on property but not stubbed. This location is conveniently located close to lots of housing and en-route to recreation destinations. The Seller has secured the appropriate County manufacturing zoning. Basic plat, plan concept, are available in attachments/photos. Pro-forma and additional information available with a signed non-disclosure.
- Price:
- $10,300,000
- Acreage:
- 22.93
- Year Built:
- 2023
- Listing ID #:
- 1853164
- Street Address:
- 2400 S Ut 36 Rd W
- City:
- Tooele
- State:
- Utah
- Postal Code:
- 84074
- County:
- Tooele
- Community:
- Grantsville- Tooele- Erda- Stanp
- Subdivision:
- Tooele County
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Faces:
- South
- Construction Status:
- To Be Built
- New Construction:
- Yes
- Year Built:
- 2023
- Conforms To Zoning:
- Industrial
- Existing Land Use:
- Industrial
- Lot Square Footage:
- 998830.8
- Zoning Description:
- Mg
- Days On Market:
- 186
- On Market Date:
- 2022-11-30
- Originating Mls:
- Utahrealestate.Com
- Property Taxes:
- $1
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Todd Gubler (801-494-9911) with G.