Potential design of building on this lot

Apartment option with neighboring parcel

Listed By Equity Real Estate (Premier Elite), Austin Spencer.
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$800,000

$/month

Listing Price

Down payment

Length of Loan

Interest Rate

Property Taxes

/year

HOA

/month

Insurance

/year

estimated monthly payment:

Land

0.14 AC

127 W Albermarle Ave

Salt Lake City, UT 84101

Subdivision

MLS# 2025883

56 Days on Market

Jennifer Stickler Jennifer@mountainluxury.com 801.430.0073 Principal Broker

Development site in the HEART of the Ballpark District. Located right next to Smith's Ballpark. CIty recently rezoned to MU-8 which will allow for buildings up to 8 stories high. Additional stories may be allowed on top of that if certain incentives are met. This is an awesome opportunity to jump in and be apart of the remaking of the Ballpark district. There is movement on parcels all around this lot. Tradition Pointe Apartments is near completion. Right next to this parcel Abstract Development is building a beautiful Mixed Use Multi Family building. Other big names like Colmena Group owns large portions of land in this area. The city has a draft of the preferred concept for the Ballpark that will be presented to the RDA Board (City Council) at their December meeting where the public will have an opportunity to provide input. The concept will then continue to be refined and finalized in Q1 of 2025. Central 9th went through this same process a few years back and now property values have skyrocketed in the area and it is a hustling and bustling place. Feel free to give me a call if you are interested in the property and I can give you the full scoop on the area, neighboring parcels, etc. to save you a lot of time and effort. Building on property was razed and so you have a flat empty lot to work with. Would possibly be open to short term seller finance with 50% down payment. Owner Agent.

Info

Year Built

unspecified

Garage

None

Style

unspecified

2020 Taxes

$1,800

NAME	GRADES	DISTANCE
Liberty Elementary	Pre - 6	1.0 miles
Clayton Jr. High	7 - 8	3.5 miles
Highland High School	9 - 12	6.2 miles

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Listed By Equity Real Estate (Premier Elite), Austin Spencer.
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$800,000

127 W Albermarle Ave

Salt Lake City, UT 84101

MLS# 2025883

56 Days on Market

Description

Details

Schools

Info

Listed By Equity Real Estate (Premier Elite), Austin Spencer. | Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$800,000

127 W Albermarle Ave

Salt Lake City, UT 84101

MLS# 2025883

56 Days on Market

Description

Details

Schools

Info

Listed By Equity Real Estate (Premier Elite), Austin Spencer.
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.