389 Cor Of Richard St And Warren Ave Colorado City, UT 86021

This exceptional 3.23-acre parcel in Colorado City, Utah (zip code 86021, APN 404-53-554A), presents a remarkable multifamily development opportunity. Located on Hwy 389 at the corner of Richard St and Warren Ave, this property boasts over 700 feet of highway frontage, ensuring high visibility and accessibility. Zoned RM3, it allows for up to 12 units per acre, offering significant development potential. The land is ideal for a variety of residential projects, from luxury apartments to townhomes, catering to the area's growing housing demand. Utilities are conveniently located approximately half a block away, simplifying infrastructure development. Situated amidst stunning red cliffs, this location offers proximity to major attractions like Zion National Park and the Grand Canyon, enhancing its appeal to potential residents. Local amenities, including schools, a grocery store, gas station, and various eateries, are also readily accessible. This is a rare chance to create a thriving residential community in a highly desirable and scenic area of Utah. The asking price is $449,900. This is raw land, perfect for a developer to build out.