For Sale
$995,000

603 225 Cedar City, UT 84720

29-Unit Turnkey Project, Ready to Build

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 2.11-acre development site in Cedar City, Utah, presents a turnkey opportunity to build a 29-unit townhome community. Located at 603 S 225 E, Cedar City, UT 84720 (APN: B-1103-0001-0003, B-1103-0090-0000), this property is zoned R-3-M and is offered for sale by the owner, Domino IV, LLC, for $995,000. The asking price includes all necessary due diligence items and reports, comprehensive civil and structural engineering plans, and complete architectural designs. The project is fully engineered and ready for immediate permit submission, streamlining the development process. Originally designed as a rental community on a single plat, this versatile property also offers the potential for individual lot sales, providing flexibility for various investment strategies. Situated in Iron County, one of Utah's fastest-growing areas, this development promises significant returns in a thriving market. This is a rare opportunity to acquire a fully prepared development project, eliminating extensive upfront planning and design costs, and allowing for a swift transition to construction. The property's prime location and turnkey nature make it an ideal investment for experienced developers seeking a rapid path to profitability. Backup offers are being accepted.

Highlights

  • Turnkey townhome development opportunity in rapidly growing Cedar City, UT.
  • Fully engineered and designed, permit-ready plans available.
  • Designed as a rental community, but easily adaptable for individual lot sales.

Property Details for 603 225

Property type
Land
Lot Size (sq. ft)
91,912 SF

Location Insight

City
Cedar City
County
Iron
State
Utah
Latitude
37.667454
Longitude
-113.0576765

FAQs

What type of property is this?
Land - 29-Unit Turnkey Project, Ready to Build
Where is the land located?
The property is located at 603 225 Cedar City, UT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Turnkey townhome development opportunity in rapidly growing Cedar City, UT.; Fully engineered and designed, permit-ready plans available.; Designed as a rental community, but easily adaptable for individual lot sales.
How can I contact the broker?
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603 225
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