$3,150,000

Calling all builders and developers, this is a fully entitled 45 unit townhome development opportunity at 875 S Redwood Rd in Salt Lake City, Utah. The 1.13 acre site is zoned MU-5 and is uniquely positioned with road frontage on three sides and a public alley abutting the north side, effectively surrounding the property on all four sides. The approved plan includes 45 individually platted townhome lots, with 24 units on the west parcel and 21 units on the east parcel. The concept features 3 bedroom, 2.5 bath units averaging approximately 1,350 SF, excluding garages, with a mix of 1 car garages plus driveway parking and side by side 2 car garages. Select units include private rooftop decks. The property is offered fully entitled with an approved plat, civil engineering plans, Phase I Environmental Site Assessment, Geotechnical Report, and Fault Rupture Study. The site is located near the 9-Line Trail and within Salt Lake City's RDA 9-Line Community Reinvestment Area and Geographic Focus Area. The location provides convenient access to downtown Salt Lake City, Salt Lake City International Airport, major transportation corridors, and the planned Power District redevelopment. Other potentially acceptable uses include, but are not limited to, car wash, C-store, hotel, retail, and light warehousing. All entitlement and due diligence materials are available upon request. No architectural construction documents are included.