575 center street, Dutch John, UT

Land for Sale - $599,000 - 1.41 acres


Agent Info

Kody Watts
Peak Collective Group

Property Info

CIMLS#1152631
Location
  575 center street
  Dutch John UT 84023
UpdatedDecember 13th, 2023
TypeLand
Price$599,000
Land1.41 acres

Property Description

Peak Collective Real Estate with KW Commercial is pleased to present for sale a commercial development site on 1.41 acres of land in Dutch John, UT.

The proposed development plans to build out 21 condos, is fully entitled and approved by the city, and a developer would only need to have architecture and plans done to have it shovel ready.

Each condo is planned to have a 2-car garage that can store a boat and/or trailer. The land is already improved with water, sewer, gas and electric.

At a suggested cost of $300/SF per condo, the build-out has a potential to generate a gross revenue of $11,970,000. This location represents excellent investment opportunity for any developer or investor. It is a prime location less than 5 minutes from Flaming Gorge as well as Little Hole and various fishing and hunting opportunities.


Financials