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280 N Apollo Rd - Prime Land Next to Salt Lake City Airport

1.92 Acres of Commercial Land Offered at $3,200,000 in Salt Lake City, UT 84116

Investment Highlights

  • Prime airport location.
  • $500,000 key money incentive from Best Western on delivery.
  • Approved plan, just weeks for building permit.

Executive Summary

Prime investment opportunity near Salt Lake City's International Airport! $500,000 key money incentive from Best Western as soon as it opens. 1.92 acres to build hotel Best Western Premier project approved and has plans. This is at the airport, 2-3 weeks out for building permit.

Property Facts Under Contract

Price $3,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hospitality
Total Lot Size 1.92 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $3,200,000
Price Per AC $1,666,667
Lot Size 1.92 AC

1.92 acres already approved for Best Western Hotel to be built on.

Description

1.92 acres of raw, level land approved for construction of a new Best Western Premier hotel.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-35-428-004-0000
Land Assessment
$701,700
Improvements Assessment
$0
Total Assessment
$701,700

zoning

Zoning Code M-1 (Light Industrial)
M-1 (Light Industrial)
  • Listing ID: 31482794

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 280 N Apollo Rd, Salt Lake City, UT 84116

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