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Deer Island Development Investment Offering, Herriman City, Utah
DISCOUNTED: 76%APPRAISED VALUE:
OFFERING PRICE: $14,500,000
496+/- ACRES MIXED-USE LAND
INVESTMENT OFFERING
496+/- ACRES MIXED USE LAND
APPROVED FOR MASTER PLANNED DEVELOPMENT
PERCHED ATOP SOUTH MOUNTAIN
HERRIMAN CITY, UTAH
Appraised Value: $60,000,000
Discounted Offering Price: $14,500,000
Offered at 24% of Appraised Value
Property Details
SPECIAL OFFER!!!!! 496+/- ACRES MIXED USE RAW LAND
MOUNTAIN TOP - PANORAMIC VIEWS OF GREAT SALT LAKE AND SALT LAKE CITY
Marketed Exclusively by:
DLG REALTY AND INVESTMENTS
LAS VEGAS, NEVADA
PROPERTY DESCRIPTION Deer Island Resort Community
LOCATION South Mountain
Salt Lake Valley
Herriman City, Utah
SITE SIZE 496+/- Acres
LOT SIZES
0.25 Acres – 4 Lots
0.34 Acres – 94 Lots
0.50 Acres – 71 Lots
0.75 Acres – 12 Lots
1.00 Acres – 3 Lots
1.50 Acres - 6 Lots
UTILITIES Public
ZONING Resort Community
LAND USES
+/-11Acres - 66 Luxury Townhomes
+/-21 Acres - Commercial
+/-81 Acres - 193 Single-Family Lots
+/-45 Acres - Right-of-Way
+/-355 Acres – Open Space/Parks
+/-1 Acre – Fire Station
+/-2 Acres – Amphitheater
APPROVALS Preliminary Approval from Herriman City Planning
Committee in October 2006.
Once an island in prehistoric Lake Bonneville, Deer Island commands views across the Wasatch Front; the equal of no other development in the state. From high over the valley, Deer Island looks north to The Great Salt Lake, south to Utah Lake in Utah County, west to the Oquirrh Mountains and east, panoramically, to the mighty Wasatch Mountains. The geography on the top of Deer Island will insure that every lot has a breathtaking view.
- ONE OF A KIND LOCATION
- HIGH GROWTH AREA – ONE OF FASTEST GROWING AREAS IN THE NATION
- NAMED BY FORBES.COM AS ONE OF THE “HIGHEST RISING IN VALUE”
MARKETS IN THE U.S. - PRELIMINARY APPROVAL FOR ENTITLEMENTS
- $60,000,000 NET PROFIT POTENTIAL
- PANORAMIC VIEWS OF SALT LAKE VALLEY, WASATCH AND OQUIRRH
MOUNTAINS AND THE GREAT SALT LAKE - HERRIMAN CITY IS A BEDROOM COMMUNITY OF SALT LAKE CITY
- FIVE MINUTE DRIVE TO SALT LAKE CITY
Contact Person's Name: James Jarrell
Contact Phone Number: +1 702-882-8657
Contact E-mail address: jjarrelldlgrealty@yahoo.com
Brokerage Name: DLG Realty and Investments
Submitted by: admin
Property ID Number: 9
Property ID Name: Deer Island
Added: Sat Apr 19 2008
Last Modified: Wed Apr 30 2008
