$3,750,000
$4,900,000
23.5%For more information regarding the value of a property, please contact us for a free consultation.
24.8 Acres Lot
SOLD DATE : 09/06/2024
Key Details
Sold Price $3,750,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1996864
Sold Date 09/06/24
HOA Y/N No
Annual Tax Amount $19,330
Lot Size 24.800 Acres
Acres 24.8
Lot Dimensions 0.0x0.0x0.0
Property Description
24.80 acres of PREMIUM RESORT COMMERCIAL (RC) PROPERTY at MOAB'S North entrance. This highly sought after commercial property overlooks the Colorado River, the River Bottoms and the Colorado River Portal. This multi-tiered property is one of the first properties in the "Gateway" to Moab and features incredible views on every level. With over 2050 feet of highway frontage, this unique property has extremely high visibility and many possible uses. From high-end restaurants, coffee shops, retail strip mall with spa services and dessert shops, micro-breweries, outdoor recreational and commercial facilities, and high-end condo living on second story (no new overnight accommodations allowed), the possibilities are endless. This amazing property has Moab City water and sewer located on the property, along with power and storm drains. There are two access points, permitted by UDOT, to easily enter the property. Existing pathways of stained, stamped concrete and sandstone meander around the buildings. There is also curbing in place to add parking and landscaping, and masonry walls to add a little privacy from the highway. The 2nd level tier on the south end of the property would be a great place for a gourmet restaurant with stunning views of the Portal, La Sal Mountains and the Colorado River. There are the beginnings of a road to this tier, along with a walking path that climbs up through the sandstone to the 3rd tier where you will find another (approx. 2000 sq ft) building and level area amidst the craggy rocks. This building was intended to be a restaurant with stellar views of the river and surrounding red rock. There are also some small buildings integrated into the rocks to look like old mining shafts. This 3rd tier destination would be an amazing place for visitors to hike and participate in activities such as star gazing and other recreational activities. At the top of this property, you will find the 4th tier, which has absolutely stunning panoramic views and hiking possibilities. The entire east side is adjacent to BLM lands with miles of Red Rock country to explore. This property will be sold AS-IS and seller will not be responsible to clean up the property. Listing Brokerage, listing agent, and Seller make no warranties of any kind on the information included in this listing. Seller WILL NOT provide a Seller Disclosure on any aspect of the property including but not limited to condition of power, water & sewer lines, gas lines, or condition of the buildings and infrastructure. Buyer to do their own inspections to determine if the property is compatible to their needs.
Location
State UT
County Grand
Area Moab Valley; Pack Creek
Zoning See Remarks, Commercial
Direction From the North coming into Moab on Hwy 191, cross the Colorado River Bridge. The property is just past the Lions Park parking lot on the East side.
Interior
Fireplace false
Exterior
Exterior Feature See Remarks, Out Buildings
Utilities Available Electricity Connected, Sewer Connected
Waterfront No
View Y/N Yes
View Valley
Present Use Commercial
Topography Terrain: Flat, Terrain: Grad Slope, Terrain: Hilly, Terrain: Steep Slope
Private Pool false
Building
Lot Description Curb & Gutter, Sidewalks, Terrain: Grad Slope, Terrain: Hilly, Terrain: Steep Slope, View: Mountain, View: Valley, Terrain: Flat
Sewer Sewer: Connected
New Construction No
Schools
Elementary Schools Helen M. Knight
High Schools Grand County
School District Grand
Others
Senior Community No
Tax ID 01-0126-0012
Acceptable Financing Cash, Commercial Fin. Req.
Horse Property Yes
Listing Terms Cash, Commercial Fin. Req.
Financing Cash
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Bought with Soval Realty LLC