5934 S COUGAR LN W, Salt Lake City, UT 84118 (MLS # 1971899)
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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.
| DAYS ON MARKET | 133 | LAST UPDATED | 2/15/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Magna; Taylrsvl; WVC; SLC |
| COUNTY | Salt Lake | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Beehive |
|---|---|
| Jr. High School | Kearns |
| High School | Kearns |
| PRICE HISTORY | |
| Prior to Feb 15, '24 | $4,900,000 |
|---|---|
| Feb 15, '24 - Today | $4,690,000 |
| ADDITIONAL DETAILS | |
| AREA | Magna; Taylrsvl; WVC; SLC |
|---|---|
| HEAT | None |
| LOT | 1.44 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| TAXES | 7000 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| ZONING | See Remarks |
MORTGAGE CALCULATOR
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Listed with Platinum Place Realty
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