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29 N 1000 W, Salt Lake City, UT 84116
$3,499,000
29 N 1000 W, Salt Lake City, UT 84116View this property at 29 N 1000 W, Salt Lake City, UT 84116
29 N 1000 WSalt Lake CityUT84116
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Property Description
Just down the street from Fairpark Station and blocks from Salt Lake City's vibrant downtown core, this prime, mixed-use development site is in an ideal location to provide broad tenant appeal. While just minutes away from Salt Lake's shopping, eateries, and over 150,000 jobs, a scenic city park across the street provides a valuable retreat with ample green space. Situated on a flat, corner lot, the site easily accommodates most designs and provides easy access to the project. Located at the convergence point of a Qualified Opportunity Zone, RDA Project Area, and TSA-SP-T Zoning, the assemblage provides significant benefits to the savvy investor from 3 sources that are typically significant in and of themselves. Project has already received approval through the expedited TSA approval process. Most land due diligence (geotech, survey, engineering, etc.) has been completed as well. Building permit for 101 unit phase 1 is currently under review with the city and is expected to be issued by Jan. 2020. Site can accommodate a phase 2 of approximately the same size. Parcels included in sale: 08-35-378-013-0000, 08-35-378-014-0000, 08-35-378-003-0000, 08-35-378-004-0000, 08-35-378-007-0000, 08-35-378-008-0000, 08-35-378-009-0000.
Full Property Details
Full Property Details for 29 N 1000 W
General
- Price: $3,499,000
- Taxes: $7,768
- Status: Under Contract
- Type: Commercial Land
- MLS ID: 1645475
- Updated: 4/12/2022
- Added: 889 day(s) ago
Location
- Area: Salt Lake City; Rose Park
- County: Salt Lake
- Cross Streets: 1000
- Direction Faces: East
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Jackson
- Middle School: Bryant
- High School: West
Utilities
- Sewer: Sewer: Connected
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected
Structural Information
- Current Bldg. Use: Commercial, Multi-Family
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
- Lot Size: 1.1
- Lot Features: Corner Lot
- Zoning: TSA-SP
Financial Considerations
- Tax Amount: $7,768
- Terms: Cash, Commercial Fin. Req.
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Property ID: 08-35-378-014
Listed by HomeRiver Utah
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Schools
Schools serving 29 N 1000 W
School District:Salt Lake City School District
Rating | Name | Grades | Distance |
---|---|---|---|
750 W 200 N, Salt Lake Cty, UT 84116 | PK-6 | 0.5 mi | |
241 N 300 W, Salt Lake Cty, UT 84103 | 7-12 | 1.1 mi | |
40 S 800 E, Salt Lake Cty, UT 84102 | 7-8 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29 N 1000 W
Date
Details
Price
Change
Source
2/06/2020
Price Reduced
$3,499,000
-22.24%
MLS
12/09/2019
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 29 N 1000 W
Year
Property Taxes
Change
Tax Assessment
Change
2020
$7,346
527%
$174,300
—
2020
$1,172
-2%
$174,300
89%
2019
$1,198
-14%
$92,180
-48%
2017
$1,395
—
$178,000
—
2017
$1,395
2%
$178,800
8%
2016
$1,366
12%
$165,600
18%
2015
$1,220
—
$140,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 29 N 1000 W
29 N 1000 W, Salt Lake City, UT 84116 (MLS# 1645475) is a Commercial Land property with a lot size of 1.1 acres. 29 N 1000 W is currently listed for $3,499,000 and was received on December 09, 2019. Want to learn more about 29 N 1000 W? Do you have questions about finding other Commercial Land real estate for sale in Salt Lake City? You can browse all Salt Lake City real estate or contact a Coldwell Banker agent to request more information.