$539,9001.13 Acres
For Sale
For Sale
$539,9001.13 Acres
For Sale

1247 S 500 W, Richfield, UT 84701 - Sevier County

Undeveloped
Static Google Map
Property ID 23149496

Residential - Richfield, UT

**Prime Opportunity Zone Development : Shovel-Ready Land for 28 Apartment Units in Richfield, UT. This property is in a designated Opportunity Zone, offering significant tax incentives to investors, including potential deferral or elimination of capital gains taxes. With projected gross monthly rents of $32,400 this development is poised to yield over $1.6 million in profit upon stabilization, making it an incredibly attractive opportunity for developers and investors alike. **Included in the Sale:** - Civil Plans - Architectural Designs - Geotechnical Report - Topographical Survey - Easements & Utility Plans - Complete Development Packet with all necessary documentation to proceed with construction Reach out for link to full development packet. OM & drawings attached in listing.

Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact Seller
Listing provided by
Austin Seegmiller
NRE(801) 641-7253
Source: ListHub, MLS# 2026967
Listing status: Active
Listing last updated: April 9, 2025 at 2:35 PM
Report this listing

Message

Austin Seegmiller

NRE