1 CynMoab, UT 84532

Property Details for 1 Cyn

Lot size

4.67 AC

Property type

Mixed-use properties

Property subtype

Land

Description

This exceptional 4.67-acre property in Moab, Utah, presents a unique investment opportunity. Located on Highway 191, it boasts over 440 feet of road frontage. Currently platted as a 16-unit twin home subdivision with approved short-term rental use, it offers immediate income potential. Alternatively, the property can be developed as a hotel or motel, given its MU-1 and HC zoning designations. The existing common area provides ample space for additional parking and amenities. The property's proximity to Ken's Lake, Steel Bender Trail, Behind the Rocks, and the La Sal Mountains makes it highly attractive to outdoor enthusiasts. Seller financing is available for qualified buyers with 30% down, a 6% interest rate, a 10-year balloon, 30-year amortization, and a prepayment penalty. Final terms are contingent upon buyer credit. San Juan County is updating its land use code; the property is slated for split zoning (half HC, half MU-1). Short-term rentals and residential use are legal non-conforming uses. The sale includes multiple tax parcels (001500000000; 00150000U02A; 00150000U02B; 00150000U03A; 00150000U03B; 00150000U04A; 00150000U04B; 00150000U05A; 00150000U05B; 00150000U06A; 00150000U06B; 00150000U07A; 00150000U07B; 00150000U08A; 00150000U08B; 00150000U09A; 00150000U09B), sold as one offering. Offers received after noon on Fridays will be presented the following business day.

Location Insight

City

Moab

County

San Juan

State

Utah

Latitude

38.478

Longitude

-109.458

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