NEW! Buy and sell safely with virtual options - Learn More
About the Listing 69162 - 4022528,0
24th Street Investor/Builder/Developer Opportunity Rental Home + 1.03 Acres Property Details: 1.03-acre lot with single-family home (vacant, proven rental history). Seller motivated to build, but will consider offers to sell. Rezone approved by planning commission & City Council for 16+ mixed-use townhomes (~1,700 sq. ft. residential + 500 sq. ft. commercial, each with 2-car garages). Potential for Phase 2 expansion with additional acreage via vacated city road. Comparable sold new built townhomes are between $475K-$525K. Land value if fully entitled would be $1,100,000. Plenty of meat on the bone for a quick exit and lots of upside for the new owner. Opportunity: Prime location near new upcoming I-15 interchange, Weber State University, and downtown Ogden. Ogden City redevelopment driving demand for housing and mixed-use projects. Immediate options to lease home for income or use during entitlement/build-out. Not your typical rezone. Approvals secured include: rezone, development agreement, and code amendment. Ideal for 1031 exchange buyer with immediate utility and strong future upside. Amazing opportunity for an investor, developer, or builder. Buy now, cashflow, build next, cash out later with multiple exit strategies. Full project data room available upon request. All parcel's included in the sale are: 140200004, 1410200002, 140200001, 14020003 Square footage figures are provided as a courtesy estimate only and were obtained from County Assessor. Buyer is advised to obtain an independent measurement.
Listing Highlights
Status
Active
Days on Site
116
Property Type
Vacant Land
MLS ®
2134992
Year Built
Total Square Footage
0
Lot/Acreage
1.03
County
Weber
Neighborhood
Brooklyn Addition / 24Th Street Development
School District
Ogden
Elementary School
Odyssey
Middle School
Mound Fort
High School
Ben Lomond
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Additional Land Available,Corner Lot,Curb & Gutter,View: Mountain,Terrain: Flat
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 150.0x450.0x150.0
- Zoning: R15 MU
- Roof:
- Others:
- Sewer: Sewer: Connected
Financial Details
- Tax Amount: $3,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 14-020-0003
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
768 W 24th St Ogden, UT 84401
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
