5
See all 5 photos
$2,290,000
Est. payment /mo
16.7 Acres Lot
Price Dropped by $1.7M
4798 S HWY 89-91 Wellsville, UT 84339
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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 No
Exterior
View Y/N No
Present Use Residential,Commercial,Multi-Family
Private Pool No
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
Listed by Realtypath LLC (Pro)
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