7720 700Cottonwood Heights, UT 84047

  • Commercial land
  • 0.27 AC
For Sale
$500,000 View listing

Property Details for 7720 700

Lot size
0.27 AC
Zone code
CN
Property type
Commercial land
APN
22-30-477-017
APU
2230477017

Description

This exceptional .3-acre commercial lot in Cottonwood Heights, Utah, presents a unique development opportunity. Situated at 7720 S 700 E, this corner lot boasts unparalleled visibility and high traffic counts, averaging 24,900 vehicles daily. Its strategic location places it directly across the street from a Harmon's Grocery Store, between Hillcrest High School and Union Middle School, ensuring consistent foot traffic and a strong customer base. The property is zoned CN, allowing for a variety of commercial uses, including retail, office, and commercial developments. Building plans can accommodate structures up to 40 feet high, with a potential footprint exceeding 6,000 square feet, making it ideal for a single-tenant drive-through establishment. The asking price is $500,000, and the property includes two APNs: 22-30-477-0170000 and 22-30-477-0160000. This is a well-priced acquisition in a high-income area, offering significant potential for return on investment. The seller is also offering a neighboring property and an office building for sale as a package deal. Don't miss this chance to secure a prime commercial location in a thriving community.

Location Insight

City
Midvale
County
Salt Lake
State
Utah
Latitude
40.6107
Longitude
-111.873
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
2023
$2,490
$252,300
-
$252,300
-
$252,300
-
$252,300

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