518 200American Fork, UT 84003

Property Details for 518 200

Lot size

1.10 AC

Property type

Land

Property subtype

Multifamily properties

Description

This exceptional 1.1-acre parcel in American Fork, Utah, presents a remarkable opportunity for high-density residential development. Zoned for high-density housing, this property allows for the construction of up to 55 units, maximizing investment potential. Strategically located just two blocks from the bustling Frontrunner Station, it offers unparalleled accessibility and visibility. The site sits across from established residential neighborhoods, ensuring a strong demand for new housing. A planned roundabout at the southern end further enhances accessibility. The city has recently added an additional 0.11 acres to the parcel (not yet reflected on the county plat), increasing the overall size to 1.1 acres. All essential utilities are conveniently located within the street. The property is offered as a 1031 exchange opportunity. An occupancy date of August 30, 2024, is anticipated. Detailed traffic count data and a geotechnical report are available upon request. This is a truly exceptional opportunity to develop a thriving residential community in a high-demand area. The asking price is $750,000. Don't miss this chance to acquire this prime piece of land in American Fork, Utah. The address is 518 W 200 S St, American Fork, UT 84003.

Location Insight

City

American Fork

County

Utah

State

Utah

Latitude

40.3727

Longitude

-111.813

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