Kachina Ridge, Hurricane, UT 84737

$6,000,000
Property Type: Land, Lot & Water Square Footage: 2,959,030 Lot Size (sq. ft.): 2,959,031 Status: Closed
Current Price: $6,000,000 List Date: 4/26/2023 Last Modified: 9/19/2024

Overview

Description

This high density multi-family/mixed-use development opportunity is ready to break ground. Approved development agreement is flexible and can be customized in both residential and commercial to fit your needs. Approval includes approximately 500 residential doors with 150 doors zoned Short Term Rental AND 90,000 sq. ft. of Commercial space. City approved zoning uses include: Hotel, Restaurant, Commercial, Retail, Vacation Rental, Condo, Townhouse and Single Family with building heights up to 55' tall. Gas stubbed to property and utility plan attached to development agreement. Located in Hurricane, UT (the fastest growing city of Southern Utah) which happens to be exactly in the middle of Las Vegas, NV and Lake Powell, AZ with a 2.5-hour drive to either one.

Supplements: This property is sitting right on top of a desirable trail system with access to other, world-renowned trails, off-roading and recreational lakes with only a 20-minute drive to Zion National Park and Sand Hollow State Park, and only a 35-minute drive to Snow Canyon State Park in Ivins, UT. Don't miss this rare chance to develop a diverse real estat ...

Listing Details MLS# 23-239646

Contract Info

Original List Price
6000000
List Price/Acre
88326.22
Short Sale Status
No

LocationTax Legal

Street Name
Kachina Ridge
MLS Area
Hurricane Valley
State/Province
UT
Postal Code
84737
County
Washington
Tax ID
H-348-B-1-B, H-348-B-1-A, H-3-1-36-440, H-312-A, H

General Property Info

Listing Class
Land/Acreage
Realtor.com
Land
Lot Acres
67.93
Total SqFt
2959030
Lot Irregular
Yes
Assoc Dues Period
N/A
Association Dues
0

Status Change Info

Sold Date
2023-08-18
Under Contract Date
2023-05-05
Sold Price/Acre
88326.22

Location,Tax & Legal

Elementary Schools
Hurricane Elementary
Intermediate Schools
Hurricane Intermediate
Jr. High Schools
Hurricane Middle
Sr. High Schools
Hurricane High
Zoning
PC

Remarks & Misc

Public Remarks
This high density multi-family/mixed-use development opportunity is ready to break ground. Approved development agreement is flexible and can be customized in both residential and commercial to fit your needs. Approval includes approximately 500 residential doors with 150 doors zoned Short Term Rental AND 90,000 sq. ft. of Commercial space. City approved zoning uses include: Hotel, Restaurant, Commercial, Retail, Vacation Rental, Condo, Townhouse and Single Family with building heights up to 55' tall. Gas stubbed to property and utility plan attached to development agreement. Located in Hurricane, UT (the fastest growing city of Southern Utah) which happens to be exactly in the middle of Las Vegas, NV and Lake Powell, AZ with a 2.5-hour drive to either one.
Directions
https://goo.gl/maps/eREnYC4cfLdVJGvs9

More Information

Utilities

Natural Gas
Yes
Stubbed In
Yes
See Remarks
Yes

Land Features

View City
Yes
View Mountains
Yes

Engineering

Grading Plan
Yes
Site Plan
Yes
Soil Test Available
Yes
Survey Available
Yes
Topo/Contour Map
Yes
Utility Study
Yes

Zoning

Commercial
Yes
Mixed Zoning
Yes
Multi-Family
Yes
Office/Professional
Yes
Recreation
Yes
Residential
Yes
Special Purpose
Yes
See Remarks
Yes

Terms of Sale

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Exchange
Yes
Seller Financing
Yes
Submit Any Offer
Yes

Property Features

Utilities: Natural Gas; Stubbed In; See Remarks Land Features: View City; View Mountains Engineering: Grading Plan; Site Plan; Soil Test Available; Survey Available; Topo/Contour Map; Utility Study Zoning: Commercial; Mixed Zoning; Multi-Family; Office/Professional; Recreation; Residential; Special Purpose; See Remarks Terms of Sale: 1031 Exchange; Cash; Conventional; Exchange; Seller Financing; Submit Any Offer
Listing Office: DISTINCTION REAL ESTATE (ST GEORGE)
Last Updated: September - 19 - 2024
Information deemed reliable but not guaranteed.