4798 S HWY 89-91, Wellsville, UT 84339
4798 S HWY 89-91, Wellsville, UT 84339
4798 S HWY 89-91, Wellsville, UT 84339
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$2,290,000
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16.7 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2015712

HOA Y/N No

Annual Tax Amount $2,000

Lot Size 16.700 Acres

Acres 16.7

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Residential

Property Description

The property includes approximately 18.84 acres located at the intersection of Main Street (SR-101) and US Highway 89/91. A concept site plan and mixed-use zoning framework were previously approved by the Wellsville City Council. The owner is currently working with Wellsville City and UDOT to modify the configuration to accommodate highway access and intersection requirements. This process includes finalizing the internal road alignment, and Main Street improvements, along with subdivision of the property. The proposed subdivision will create three lots: Residential Lot 1 4.77 acres Residential Lot 2 4.76 acres Commercial Lot 7.8 acres The two residential lots (9.53 acres combined) are currently planned to accommodate approximately 104 three-story townhomes. The commercial lot is planned for a mixed-use development including approximately 32 residential units and multiple commercial/retail pads based on the concept plan. Updated subdivision and roadway plans are currently being submitted to and reviewed by Wellsville City and UDOT for approval. Listing Price Includes: The offering is for the planned residential portion of the development (9.53 acres total). Excluded From Sale: The 7.8-acre commercial parcel is excluded from the listing price and is not part of this offering. This is a rare opportunity to acquire entitled residential development land within a larger master-planned mixed-use project, positioned along a major transportation corridor with strong regional growth potential. Seller Documents Link: https://drive.google.com/drive/folders/1xZOzJeQNeV9IxPU8OWt-B1V6RqsQxCr5?usp=sharing Seller Agent has financial interest in the property.

Location

State UT

County Cache

Area Wellsville; Young Ward; Hyrum

Interior

Fireplace false

Exterior

View Y/N No

Present Use Residential,Commercial,Multi-Family

Private Pool false

Building

Faces Southeast

New Construction No

Schools

Elementary Schools Wellsville

Middle Schools South Cache

High Schools Mountain Crest

School District Cache

Others

Senior Community No

Tax ID 11-089-0009

Horse Property No


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Listed by Realtypath LLC (Pro)

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1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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4798 S HWY 89-91