** Under Contract **
450 W 12th St. Ogden, UT, 84404
17.45 Acres | $6,400,000
A unique commercial development opportunity, this parcel is 17.45 acres with 795 ft of 12th Street frontage. The traffic counts are high on one of the major arteries coming into Ogden from I-15. This property is adjacent to Ogden's Business Depot and the West 12th Street Economic Development Area. 50 shares of irrigation water included with the sale. Currently zoned C-3, which is regional commercial, and entitled July of 2018 for a multi-family development at 364 units. Purchase includes the following parcels, 12-098-0028 1.5 Acres, 12-098-0002 6.25 Acres, 12-121-0002 3.05 Acres, 12-120-0021 6.2 Acres, 12-120-0020 .5 Acres. Water Shares - 50. Currently in Greenbelt.
Phase 1- Entitled for up to 192 units, Phase 2- Entitled for up to 172 units. Total units 364 with a density of 20.8 units per acre. There is an additional Phase 3 that has been approved for commercial development.
Contact Heidi Webb for more information at 541.980.4518.
*Plot lines drawn over photos are for illustration only. All property boundaries to be verified by buyer.
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