12 Acres Sr9

Description

This is an awesome opportunity to own 12 level acres of Hwy Commercial land on SR9 in Hurricane. This piece lies adjacent to the up and coming area of Gateway to Sand Hollow. If you are hoping to own commercial ground in this area now is the time! Zoning allows Hotels, RV Parks, restaurants and many other tourist related opportunities as well as many other commercial uses.Zoning allows for Hotels, RV Parks, restaurants, short term rentals and many other tourist related opportunities. Utilities and frontage road improvements are in the works through the Gateway PID. Please contact agent for more information. The City has stated that these Highway parcels could possibly receive an industrial re-zone if buyer has interest of this zone. This parcel is so close to the completion of frontage roads and utilities that the City has said a developer could bring their plan to them to start the approval process. and frontage road improvements are in the works for this area. Please contact agent for more information. This parcel is legally 15 acres however UDOT is in the process of acquiring the northern 3 acres of parcel for highway widening. Sellers willing to accept a sales price of $5,495,900 (or $10.50 psf) from buyer who is willing to close within 45 days based on UDOT purchasing 3 of the 15 acres. Otherwise sellers willing to accept $10.50 psf for final acreage amount after UDOT purchase for buyer willing to close within 45 days.