5934 South Cougar Lane West Salt Lake City, UT 84118

$4,690,000
1.44
Acres
$4,690,000
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HUGE lot right next to the Kearns Park and Utah Olympic Oval. 1.44 acres of prime real estate, and the city has verbally stated an interest in rezoning the lot in order to develop a large mixed-use project on the lot. This could consist of retail spaces with apartments above, among other potential uses such as apartments only. The city is very open to applying the best use to this land for development. We can provide further details about potential approved plans and discussion with the city council upon request. With flexible zoning, a large and flat lot, and the prime location next to the Olympic Oval, this land is a developer's dream. Currently has two existing buildings totaling 11,000 square feet. These were previously used as youth living facilities.

HUGE lot right next to the Kearns Park and Utah Olympic Oval. 1.44 acres of prime real estate, and the city has verbally stated an interest in rezoning the lot in order to develop a large mixed-use project on the lot. This could consist of retail spaces with apartments above, among other potential uses such as apartments only. The city is very open to applying the best use to this land for development. We can provide further details about potential approved plans and discussion with the city council upon request. With flexible zoning, a large and flat lot, and the prime location next to the Olympic Oval, this land is a developer's dream. Currently has two existing buildings totaling 11,000 square feet. These were previously used as youth living facilities.

  • Neighborhood
  • Type
  • County
    Salt Lake
  • Area
    Magna; Taylrsvl; WVC; SLC
  • Tax Amount
    $7,000
  • Status
    Active
  • Listing #
    1971899
  • Lot Size
    1.44
  • Listed on site
    264 days
  • Acres Range
    1.44

Listed by:

Source:
Utah Real Estate

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Community Features

  • No HOA

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Feb 15, 20247 mos agoPrice decreased210,000 (4%)$4,690,000
Dec 18, 20239 mos agoNew on market$4,900,000
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