8
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$1,437,000
Est. payment /mo
2.21 Acres Lot
New
459 N 100 W Logan, UT 84321
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Key Details
Property Type Vacant Lot/Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2188388
HOA Y/N No
Annual Tax Amount $4,362
Lot Size 2.210 Acres
Acres 2.21
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Other
Property Description
1. A growing county 145,000 people, growing 1.7% a year, faster than Utah as a whole. Unemployment sits at 3.1%, tied for the lowest in the state, with Utah State's 29,831 students as a permanent rental-demand baseline. 2. One block off Main Street One block west of Main Street with 165 feet on the 100 West bypass and 82.5 feet on 500 North, five parcels that only work as one sale. 3. Plans already drawn A few different plans have been drawn for the site, including multifamily with ground-floor commercial. The frontage is TC-2 at 30 units per acre, the rear parcels MR-12 at 12 per acre. Marcus & Millichap is pleased to present Logan Land. The county around it keeps adding people. About 145,000 people live here, 2,383 more than a year ago, a 1.7% growth rate that outpaces Utah as a whole. Unemployment sits at 3.1%, tied for the lowest in the state and well under the national average. A few minutes east, Utah State's 29,831 students form a steady baseline of rental demand underneath the county's own growth. This site puts that demand one block west of Main Street in downtown Logan, with 165 feet of frontage on 100 West, the city's north-south bypass. The frontage carries TC-2 zoning at 30 units per acre, with the rear parcels zoned MR-12 at 12 per acre. A few different plans have already been drawn for the site, including multifamily concepts with ground-floor commercial. While you entitle, the existing 4-plex pays $3,000 a month toward your carry.
Location
State UT
County Cache
Area Logan; Nibley; River Heights
Interior
Fireplace No
Exterior
View Y/N No
Present Use Other
Private Pool No
Building
New Construction No
Schools
Elementary Schools Ellis
Middle Schools Mt Logan
High Schools Logan
School District Logan
Others
Senior Community No
Tax ID 05-080-0032
Listed by Marcus & Millichap Real Estate Investment Services, INC
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