941 W Euclid Ave
Salt Lake City, UT 84104
- – beds
- – baths
- – sqft
- 6,969 sqft lot
INCREDIBLE INVESTMENT OPPORTUNITY located just two blocks from the Power District, a picturesque, 100-acre planned development in the heart of Salt Lake City's westside anticipated to begin in late 2024, and shovel-ready site for a planned Major League Baseball ballpark. This property is located in an "Opportunity Zone" with Transit Station Area (TSA) high-density zoning. A similar parcel to the east on Euclid, once a residential listing, was redeveloped as high-density townhomes with each 1,100 sf unit selling for $450,000 or more in 2022. Another high-density 5-plex is planned on a similar parcel to the north on Euclid that is in the permitting process. The adjacent land parcel to the west on Euclid, having already been scraped, is also in the permitting process for 40 units. A vacant, uninhabitable home is situated on the property, but the property is being sold for its land value. A bid has been obtained to scrape the lot and soil testing has already been done. A recent commercial appraisal values the property at much higher than the list price. Thelocation is ideally situated between the Salt Lake City International Airport and the intersection of three major interstates (I-80, I-15, I-215), and is close to UTA's light rail system, TRAX, which runs along the Power District and includes two stations. It is among the most accessible locations along the Wasatch Front, only 15 minutes to the University of Utah, and 40 minutes to Park City and Utah's world-class ski resorts. Don't miss this opportunity to invest in what will be highly sought-after real estate right next to the anticipated Power District! Property sold as-is with no warranties on the home or garage. No property tours at this time.
Listing courtesy of WFRMLS / Summit Sotheby's International Realty
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Last updated Apr 22, 2024
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MLS# 1988772 —
Walk Score®
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Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
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Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/24
Mar 28, 2024
|
Listed / Active | WFRMLS | $500,000 |