$891,195
$891,195
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65,775 SqFt
SOLD DATE : 11/28/2023
Key Details
Sold Price $891,195
Property Type Vacant Land
Sub Type Land/Acreage
Listing Status Sold
Purchase Type For Sale
Square Footage 65,775 sqft
Price per Sqft $13
MLS Listing ID 22-237630
Sold Date 11/28/23
Originating Board Washington County Board of REALTORS®
Annual Tax Amount $907
Lot Size 151.050 Acres
Acres 151.05
Property Description
Price REDUCE as of 8/15/22 to $5,900 per acre. This prime acreage fronts I-15 just off the south bound north exit of Fillmore. It is a remarkable piece of real estate! It currently is zone AG 20 and if the buyer wanted to subdivide it, they could do 20 acre lots. There are currently several near by commercial properties near this 151 acres that include gas stations, and storage sheds. Sellers confident it could be rezoned commercial if the potential buyer would want to have it changed. This is a fantastic investment opportunity. The sellers have in place, signed leases for 4 advertising billboards with Reagan Signs and Freeway Marketing. The leases generate approximately $20,000 per year. (Reagan Sign and Freeway marketing have a first right of refusal to purchase when an offer is provided to the sellers.) As of 8/15/22 there are 4 under ground water shares that are for sale from a third party seller on a first come first serve basis. These shares would make it available to drill a well on the property.
Location
State UT
County Other
Area Outside Area
Zoning Agricultural
Direction Take I-15 to the north Fillmore exit. Turn west and turn noth on the west side of I-15 frontage road about a half a mile. The property has real estate signs marking the where the property is located.
Exterior
Utilities Available None
View Y/N No
Building
Lot Description Access, Public, Fenced Full, Terrain Flat, Terrain Slope
Schools
School District Out Of Area
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