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768 W 24th S, Ogden, UT 84401

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For Sale

$800,000

1.03 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1 acres
    Lot size

Explore this Property

24th Street Investor/Builder/Developer Opportunity Rental Home + 1.03 Acres Motivated seller, priced for quick sale. Property Details: 1.03-acre lot with single-family home (vacant, proven rental history). Rezone approved by planning commission for 16 mixed-use townhomes (~1,700 sq. ft. residential + 500 sq. ft. commercial, each with 2-car garages). Potential for Phase 2 expansion with additional acreage via vacated city road. Comparable sold new built townhomes are between $475K-$525K. Land value if fully entitled would be $1,100,000. Selling at rezone with plenty of meat on the bone for a quick exit and lots of upside for the new owner. Opportunity: Prime location near new upcoming I-15 interchange, Weber State University, and downtown Ogden. Ogden City redevelopment driving demand for housing and mixed-use projects. Immediate options to lease home for income or use during entitlement/build-out. Not your typical rezone. Planning commission approvals secured include: rezone, development agreement, and code amendment. Ideal for 1031 exchange buyer with immediate utility and strong future upside. Amazing opportunity for an investor, developer, or builder. Buy now, cashflow, build next, cash out later with multiple exit strategies. Full project data room available upon request. All parcel's included in the sale are: 140200004, 1410200002, 140200001, 14020003 Square footage figures are provided as a courtesy estimate only and were obtained from County Assessor. Buyer is advised to obtain an independent measurement.
MLS# 2110604

Courtesy Of Equity Real Estate-Premier Elite Branch

(801) 326-0362

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.03 Acres

Map and Directions

Directions to 768 W 24th S, Ogden, UT 84401

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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