2090 7200Magna, UT 84044

  • Land
  • 8.36 AC
For Sale
$5,400,000 View listing

Property Details for 2090 7200

Lot size
8.36 AC
Zone code
IP-M-1
Property type
Land
Property subtype
Other industrial land
APN
14-16-400-016
APU
1416400016

Description

This exceptional 8.36-acre parcel of land presents a compelling investment opportunity in Magna, Utah. Located at 2090 S 7200 W, this property boasts an M-1 zoning designation, ideal for a variety of industrial uses. The asking price is $5,400,000, translating to a land value of $14.83 per square foot. Situated in a burgeoning new Class A industrial development area, this site offers unparalleled access to major transportation arteries. Its proximity to the 201 Freeway ensures seamless logistics and efficient distribution networks. The property's substantial size provides ample space for large-scale industrial projects, offering significant potential for future development and growth. The address is within Salt Lake County, Utah, and the zip code is 84044. This strategic location, combined with the favorable zoning and substantial acreage, makes this property an exceptional investment prospect for discerning buyers seeking a foothold in a thriving industrial market. The property is conveniently located near 2100 South. While the total building size mentioned in associated documents is 364,162 square feet, this refers to a potential buildable area and not an existing structure on the property. This land is ready for your vision.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $110,114,616
    Hospitality
    $100,864,392
    Educational
    $83,917,992
    Medical
    $86,804,056
    Retail
    $130,539,096
2090 7200, Magna, Utah

Location Insight

City
Magna
County
Salt Lake
State
Utah
Latitude
40.7268
Longitude
-112.064
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,905
$1,768,300
$49,500
$1,817,800
-
$1,768,300
$49,500
$1,817,800

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