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Land For Sale • 0.53 AC
Piece of land in prime location in an area with heavy traffic and a strong retail presence. Currently with a 6000 SF building on .53 acre parcel. Additional garages in back for dead storage. Frontage to I15. Proximity to 1300 South and 300 West. A multifamily development opportunity in one of Salt Lake City's most supply-constrained corridors. This 0.53-acre site is zoned MU-11 with plans drawn for a 90-unit project — comprising 60 studios, 20 one-bedrooms, and 10 two-bedrooms across 7 stories with 36 parking stalls. Positioned directly adjacent to I-15 with exceptional freeway visibility, the site sits in a Qualified Census Tract, opening the door to NMTC, LIHTC, and other favorable financing structures. Neighboring new residential developments like The Whitney and The Paxton signal strong market momentum in the area. Ground lease also available for developers seeking to preserve capital.
| Proximity to major roads like I-15, 1300 South, and 300 West. |
| Great opportunity for high density development land. |
| Neighborhood retailers of Walmart, Costco, Lowes. Muiltifamily developments nearby. |
| Ground Lease option available |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 8 min | - | 3.0 mi | |
| 9 min | - | 4.4 mi | |
| Transit/Subway | Drive | Walk | Distance |
| Ballpark (TRAX Murray/Midvale/University Line - Utah Transit Authority (UTA), TRAX Salt Lake/Sandy Line - Utah Transit Authority (UTA)) | 2 min | 9 min | 0.4 mi |
| 900 South (TRAX Murray/Midvale/University Line - Utah Transit Authority (UTA), TRAX Salt Lake/Sandy Line - Utah Transit Authority (UTA)) | 3 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Salt Lake City International | 12 min | - | 7.0 mi |
Jonah Hornsby
Align Complete Real Estate Services
Jonah Hornsby
Align Complete Real Estate Services
