895 Maple DrCedar City, UT 84720

Exceptional investment opportunity in Cedar City, Utah, presents a 2.23-acre parcel ideally suited for townhome development. This property, encompassing four parcels (Iron County tax account numbers 0499653, 0499654, 0499655, and 0499656), is already platted and approved for a townhome subdivision, significantly reducing development hurdles. The site boasts convenient proximity to shopping and banking amenities, enhancing its appeal and potential for rapid occupancy. Infrastructure is largely in place, with utilities and sewer lines stubbed to the lots. Development is underway, with Phase 1 ready for immediate construction and Phase 2 partially improved. This turnkey opportunity includes valuable development water rights, ensuring a smooth and efficient building process. The property is listed at $2,100,000, offering a compelling return on investment. Note that Phase 1 is available for separate purchase at $1,100,000. Located at 895 Maple Dr., Cedar City, UT 84720, this property represents a rare chance to capitalize on the thriving Cedar City real estate market. Don't miss this chance to acquire a fully approved and partially improved townhome development site.