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$ 4,000,000
New
4244 S STATE ST Millcreek, UT 84107
0.87 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Rent
Subdivision Tate
MLS Listing ID 2096122
Construction Status Blt./Standing
HOA Y/N No
Year Built 1996
Annual Tax Amount $24,000
Lot Size 0.870 Acres
Acres 0.87
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Industrial
Property Description
Prime Millcreek Development Opportunity Up to 146 Units Possible Unlock the potential of this 9,500 SF commercial property, currently in the entitlement process for rezoning to MD (Mixed Development). Preliminary planning supports a 146-unit multifamily and commercial mixed-use project, perfectly positioned in one of Millcreek's most desirable growth corridors. This offering includes a unique opportunity for the current owner to stay on as an equity partner, with the option to be cashed out at 50% or more. Buyer must be open to negotiating terms with the seller to structure a mutually beneficial partnership. Adjacent properties are also available, with both neighboring owners expressing interest in selling - giving developers the ability to expand the site and project scope significantly. Don't miss this rare chance to secure a development-ready site with upside potential and strong city momentum. Contact us today for full entitlement details and to discuss partnership or acquisition options.
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Interior
Fireplace No
Exterior
View Y/N No
Present Use Industrial
Private Pool No
Building
Faces East
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 22-06-103-004
Listed by Realtypath LLC (South Valley)