603 225Cedar City, UT 84720

Property Details for 603 225

Lot size

2.11 AC

Property type

Residential income properties

Property subtype

Other land

Description

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.

Location Insight

City

Cedar City

County

Iron

State

Utah

Latitude

37.6675

Longitude

-113.058

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