127 W Albermarle Ave Salt Lake City UT 84101 | $800,000

Property Facts

Days on URE 131

Status UNDER CONTRACT

MLS# 2025883

Type Commercial; Multi Housing

Development site in the HEART of the Ballpark District. Located right next to Smith's Ballpark. CIty recently rezoned to MU-8 which will allow for buildings up to 8 stories high. Additional stories may be allowed on top of that if certain incentives are met. This is an awesome opportunity to jump in and be apart of the remaking of the Ballpark district. There is movement on parcels all around this lot. Tradition Pointe Apartments is near completion. Right next to this parcel Abstract Development is building a beautiful Mixed Use Multi Family building. Other big names like Colmena Group owns large portions of land in this area. The city has a draft of the preferred concept for the Ballpark that will be presented to the RDA Board (City Council) at their December meeting where the public will have an opportunity to provide input. The concept will then continue to be refined and finalized in Q1 of 2025. Central 9th went through this same process a few years back and now property values have skyrocketed in the area and it is a hustling and bustling place. Feel free to give me a call if you are interested in the property and I can give you the full scoop on the area, neighboring parcels, etc. to save you a lot of time and effort. Building on property was razed and so you have a flat empty lot to work with. Would possibly be open to short term seller finance with 50% down payment. Owner Agent.

Property Features

Features

Property Size

Zoning Information

Schools

Designated Schools

Elementary School Liberty

Middle School Clayton

High School Highland

School District Salt Lake

View School Ratings by Utah Dept. of Education

Nearby Schools

GreatSchools Rating	School Name	Grades	Distance
1	Horizonte Instr & Trn Center Public Middle School, High School	7-12	0.23 mi
NR	Salt Lake Technology Center Public High School	9-12	0.54 mi
NR	Challenger School - Salt Lake Private Preschool, Elementary, Middle School	PK	0.25 mi
NR	Challenger School-Salt Lake Private Preschool, Elementary, Middle School	PK	0.27 mi
NR	Innovations K-8 Public Elementary, Middle School	K-8	0.55 mi
5	Innovations High School Public High School	9-12	0.57 mi
2	Liberty School Public Preschool, Elementary	PK	0.66 mi
6	Whittier School Public Preschool, Elementary	PK	0.69 mi
NR	Miss Billies Kids Kampus Private Preschool, Elementary	PK-K	0.88 mi
8	Salt Lake Arts Academy Charter Elementary, Middle School	5-8	0.90 mi
NR	Riley School Public Preschool, Elementary	PK	1.07 mi
8	Hawthorne School Public Elementary	K-6	1.22 mi
NR	Kearns-Saint Ann School Private Preschool, Elementary, Middle School	PK-8	1.36 mi
NR	K12 International Academy Private Elementary, Middle School, High School	K-12	1.40 mi
NR	The Keystone School Private Middle School, High School	6-12	1.40 mi

School data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

Contact Agent

Austin Spencer

801-916-3172

Listing Broker

Equity Real Estate (Premier Elite)
1218 E 7800 S
Suite #150
Sandy, UT 84094
801-252-6067

Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

127 W Albermarle Ave

Property Facts