For Sale
$12,000,000

5601 Old Lincoln HwyGrantsville, UT 84029

Prime Residential Land, 62 Lots, Utah

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 157.64-acre property in Grantsville, Utah, presents a unique investment opportunity. Located at 5601 Old Lincoln Hwy, Tooele County, this land is zoned for residential development and offers a mix of developed and undeveloped lots. Thirty lots are fully developed and ready for immediate construction, while 32 additional lots are available as "paper lots," providing significant potential for future development. The average lot size is approximately 0.9 acres. This expansive property allows for the acquisition of individual lots or the purchase of the entire parcel in bulk. Developed lots are priced at $250,000 each, while undeveloped lots are offered at $120,000 each. The asking price for the entire Worthington Ranch is $12,000,000. This presents a compelling opportunity for both individual homebuilders and large-scale developers seeking a prime location in the desirable Grantsville area. The property's location offers convenient access to local amenities and boasts beautiful surroundings. With its strategic mix of ready-to-build and future development potential, this property is poised for significant returns. The property is owned by Worthington Ranch, LLC and is being offered for sale by owner. The property's latitude and longitude coordinates are 40.62787309288242, -112.5051499896093, and the zip code is 84029.

Highlights

  • $12,000,000 asking price.
  • Residential land in Grantsville, UT.
  • 62 lots totaling 157.64 acres.
  • 30 developed lots, 32 undeveloped lots.
  • Lots available individually or in bulk; developed lots priced at $250,000 each, undeveloped lots at $120,000 each.
  • Average lot size is 0.9 acres.

Property Details for 5601 Old Lincoln Hwy

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Grantsville
County
Tooele
State
Utah
Latitude
40.627873092882
Longitude
-112.50514998961
5601 Old Lincoln Hwy, Grantsville, Utah

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5601 Old Lincoln Hwy
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