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$ 1,560,000
Est. payment | /mo
532,303 SqFt
$ 1,560,000
Est. payment | /mo
532,303 SqFt
Key Details
Property Type Vacant Land
Sub Type Land/Acreage
Listing Status Active
Purchase Type For Sale
Square Footage 532,303 sqft
Price per Sqft $2
MLS Listing ID 26-273399
Lot Size 12.220 Acres
Acres 12.22
Property Sub-Type Land/Acreage
Source Washington County Board of REALTORS®
Land Area 532303
Property Description
Investors and developers - this is your chance to secure 12.22 acres of fully usable land in one of Utah's fastest-growing rural markets. Located just west of Main Street with easement access, this parcel offers scale, flexibility, and long-term upside in a city experiencing 4.40% annual population growth (per appraisal: 'Nephi city... grew from 6,443 to 7,984 between 2020-2025'). The appraisal identifies the highest and best use as Residential, making this an ideal candidate for subdivision, build-to-rent, or phased development. Zoning includes CU-1 and A1-50, allowing a range of uses and potential for annexation to support higher-density residential or mixed-use concepts. The report notes the site is 'considered to have average functional utility and an average competitive rating,' giving investors a clean slate with no functional obsolescence.
Parcel 1: XB00-2388-1 = 5.9 acres = $23.80 Annual Taxes Parcel 2: XB00-2393-1 = 4.5 acres = $18.37 Annual Taxes Parcel 3: XA00-2393-21 = .65 acres = $7 Annual Taxes Parcel 4: XA00-2388-2 = .880 acres = $7 Annual Taxes Parcel 5: XA00-2393-22 = .0808 acres = $24.97 Annual Taxes Parcel 6: XA00-2475 = .160 acres = $99.90 Annual Taxes
Parcel 1: XB00-2388-1 = 5.9 acres = $23.80 Annual Taxes Parcel 2: XB00-2393-1 = 4.5 acres = $18.37 Annual Taxes Parcel 3: XA00-2393-21 = .65 acres = $7 Annual Taxes Parcel 4: XA00-2388-2 = .880 acres = $7 Annual Taxes Parcel 5: XA00-2393-22 = .0808 acres = $24.97 Annual Taxes Parcel 6: XA00-2475 = .160 acres = $99.90 Annual Taxes
Location
State UT
County Juab
Area Outside Area
Zoning Commercial, Agricultural
Exterior
View Y/N No
Building
Lot Description Terrain Flat
Schools
School District Out Of Area
Others
Senior Community No
Tax ID XA00-2393-22
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by The Agency Salt Lake City
Nearby Locations
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