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121 S 220 W

5 - 10.01 Acre Residential Land Lots Offered at $800,000 - $1,750,000 Per Lot in Virgin, UT 84779

INVESTMENT HIGHLIGHTS

  • Rare residential land available just minutes from Zion National Park.
  • Zoning allows for 1 acre residential lots, making this a great opportunity for developers.
  • Seller open to selling each 5 acre parcel separately or all 10 acres together.

EXECUTIVE SUMMARY

• Rare residential land available just minutes from Zion National Park.
• Zoning allows for 1-acre residential lots, making this a great opportunity for developers.
• Seller is open to selling each 5-acre parcel separately or all 10 acres together.
• 8.5 water shares for the upper 5 acres (V-77-b) provided through Virgin Canal Company. Each water share irrigates 1/8 acre.
• 6 water shares for the lower 5 acres (V-77-c) provided through Virgin River Irrigation.
The upper 5 acres (V-77-V; the lighter area in the photo) is $800,000 and comes with 8.5 water shares in Virgin Canal Company. The listing can be viewed here: https://helloarti.com/view/76120

PROPERTY FACTS

Price $800,000 - $3,500,000
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Residential
Proposed Use Commercial
Total Lot Size 20.02 AC

3 LOTS AVAILABLE

Lot Lot C-B

Price $1,750,000
Price Per AC $174,825.17
Lot Size 10.01 AC

Seller open to selling each 5 acre parcel separately or all 10 acres together.

Lot Lot C

Price $950,000
Price Per AC $189,620.76
Lot Size 5.01 AC

6 water shares for the lower 5 acres (V-77-c) provided through Virgin River Irrigation.

Lot Lot B

Price $800,000
Price Per AC $160,000.00
Lot Size 5.00 AC

8.5 water shares for the upper 5 acres (V-77-b) provided through Virgin Canal Company. Each water share irrigates 1/8 acr e.

DESCRIPTION

• Rare residential land available just minutes from Zion National Park. • Zoning allows for 1 acre residential lots, making this a great opportunity for developers. • Seller open to selling each 5 acre parcel separately or all 10 acres together. • 8.5 water shares for the upper 5 acres (V-77-b) provided through Virgin Canal Company. Each water share irrigates 1/8 acre. • 6 water shares for the lower 5 acres (V-77-c) provided through Virgin River Irrigation.

ZONING

Zoning Code C (Commercial Zoning)
C (Commercial Zoning)
  • Listing ID: 32788509

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 121 S 220 W, Virgin, UT 84779

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