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USAUTSalt Lake City127 Albermarle Ave
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127 Albermarle Ave, Salt Lake City, UT

Real Estate

For Sale

Listed price in listed location currency (USD).
$900,000

000

MLS® 2128347

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $3,294
Days Active 1
Lot Size 0.14 acres
Approx. Age 
MLS® Number 2128347

Property Address: 127 Albermarle Ave, Salt Lake City, UT, 84115

Average square foot calculated using Size range provided by listing agent.

Description

96 Unit Micro Apartment 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. Our current configuration is 4 story, 96 unit, wood framed building slab on grade. This is an awesome opportunity to jump in and be apart of the remaking of the Ballpark district. Previous buyer had an architect put together a site plan, elevations, and unit configuration. They also received Fire Marshall approval on this project which is the biggest hurdle to get over. They were selling a business which fell through and so they couldn't close which is why we are back on the market. There is movement on parcels all around this lot. Tradition Pointe Apartments just finished up. Right next to this parcel Abstract Development is building a beautiful Mixed Use Multi Family building. The lot across the street sold this month to a developer. Other big names like Colmena Group owns large portions of land in this area. The city has a robust plan to revitalize this area in the not so distant future. 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 or JV with the right developer. Owner Agent.
MLS® Number2128347
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 30, 2025List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
127 Albermarle Ave, Salt Lake City, UT

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