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151 S Navajo St - Multi-Family Land at Power District

3.27 Acres of Commercial Land Offered at $8,285,200 in Salt Lake City, UT 84104

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Investment Highlights

APARTMENT LAND
400+ DOORS - 3.27 ACRES

LOCATED AT THE POWER DISTRICT SALT LAKE

Executive Summary

This Multi Family site is 3.27 acres and is located just west of down town Salt Lake City. Already zoned for up to 70 vertical feet - 7 total floors approved - of multifamily apartment building. Up to 500 doors can fit on transit focused area with light rail only a short walk away. Buildings removed and all environmental nearly completed. Project is ready for next steps!

24-10-Flyer-MultiFamilyLan-PowerDistrict

Property Facts

Price	$8,285,200	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	3.27 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$8,285,200
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	3.27 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$8,285,200	Lot Size	3.27 AC
Price Per AC	$2,533,700

Price	$8,285,200
Price Per AC	$2,533,700
Lot Size	3.27 AC

Just steps away from the proposed MLB stadium and entertainment district, this is a great opportunity to invest near the new Salt Lake City Power District development coming in 2026 (link to webpage here: https://www.slcpowerdistrict.com/ ) property

Description

Great opportunity to invest near the new Salt Lake City Power District development coming in 2026 (link to webpage here: https://www.slcpowerdistrict.com/ ) property has river front access to the Jordan River and within walking distance of near by light rail system. Multi Family land of 3.27 acres is located in down town Salt Lake City. Already zoned and entitled for up to 70 vertical feet - 7 total floors approved - of multifamily apartment building. Up to 500 doors can fit on transit focused area with light rail only a short walk away. Buildings removed and all environmental nearly completed. Project is ready for next steps!

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 15-02-103-003-0000 15-02-151-001-0000	Improvements Assessment	$533,900
Land Assessment	$2,827,400	Total Assessment	$3,361,300

PROPERTY TAXES

Parcel Numbers

Multiple

15-02-103-003-0000
15-02-151-001-0000

Land Assessment

$2,827,400

Improvements Assessment

$533,900

Total Assessment

$3,361,300

zoning

Zoning Code	TSA-UN-T (Multi Family land of 3.27 acres located in downtown Salt Lake City. Already zoned and entitled for up to 70 vertical feet - 7 total floors approved.)
TSA-UN-T (Multi Family land of 3.27 acres located in downtown Salt Lake City. Already zoned and entitled for up to 70 vertical feet - 7 total floors approved.)