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Multi-Family

Logan Land

459 N 100 W, Logan, UT 84321

Listing Price: $1,437,000

Lot Size
2.21 acres
Price/Acre
$650,226
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present Logan Land. The county around it keeps adding people. About 145,000 people live here, 2,383 more than a year ago, a 1.7% growth rate that outpaces Utah as a whole. Unemployment sits at 3.1%, tied for the lowest in the state and well under the national average. A few minutes east, Utah State's 29,831 students form a steady baseline of rental demand underneath the county's own growth.

This site puts that demand one block west of Main Street in downtown Logan, with 165 feet of frontage on 100 West, the city's north-south bypass. The frontage carries TC-2 zoning at 30 units per acre, with the rear parcels zoned MR-12 at 12 per acre. A few different plans have already been drawn for the site, including multifamily concepts with ground-floor commercial. While you entitle, the existing 4-plex pays $3,000 a month toward your carry.

Investment Highlights

  • A growing county:145,000 people, growing 1.7% a year, faster than Utah as a whole. Unemployment sits at 3.1%, tied for the lowest in the state, with Utah State's 29,831 students as a permanent rental-
  • One block off Main Street: One block west of Main Street with 165 feet on the 100 West bypass and 82.5 feet on 500 North, five parcels that only work as one sale.
  • Plans already drawn:A few different plans have been drawn for the site, including multifamily with ground-floor commercial. The frontage is TC-2 at 30 units per acre, the rear parcels MR-12 at 12 per

Exclusively Listed By

  • Evan Clark

    Associate Director Investments

    (801) 736-2632

    Email Evan

    License(s): ID: 8071166, UT: 10187590-SA00

    Salt Lake City

  • Jake Miles

    Senior Director Investments

    (801) 736-2654

    Email Jake

    License(s): UT: 11449836-SA00, ID: SP53647

    Salt Lake City

  • Danny Shin

    Senior Managing Director Investments

    (801) 736-2628

    Email Danny

    License(s): UT: 6298928-SA00, ID: SP38035

    Salt Lake City

  • Brock Zylstra

    Senior Managing Director Investments

    (801) 736-2642

    Email Brock

    License(s): UT: 8726586-SA00, ID: SP47190

    Salt Lake City

Multi-Family

Logan Land

Listing Price: $1,437,000

Lot Size
2.21 acres
Price/Acre
$650,226
Land Type
Land

Investment Highlights

  • A growing county:145,000 people, growing 1.7% a year, faster than Utah as a whole. Unemployment sits at 3.1%, tied for the lowest in the state, with Utah State's 29,831 students as a permanent rental-
  • One block off Main Street: One block west of Main Street with 165 feet on the 100 West bypass and 82.5 feet on 500 North, five parcels that only work as one sale.
  • Plans already drawn:A few different plans have been drawn for the site, including multifamily with ground-floor commercial. The frontage is TC-2 at 30 units per acre, the rear parcels MR-12 at 12 per

Investment Overview

Marcus & Millichap is pleased to present Logan Land. The county around it keeps adding people. About 145,000 people live here, 2,383 more than a year ago, a 1.7% growth rate that outpaces Utah as a whole. Unemployment sits at 3.1%, tied for the lowest in the state and well under the national average. A few minutes east, Utah State's 29,831 students form a steady baseline of rental demand underneath the county's own growth. This site puts that demand one block west of Main Street in downtown Logan, with 165 feet of frontage on 100 West, the city's north-south bypass. The frontage carries TC-2 zoning at 30 units per acre, with the rear parcels zoned MR-12 at 12 per acre. A few different plans have already been drawn for the site, including multifamily concepts with ground-floor commercial. While you entitle, the existing 4-plex pays $3,000 a month toward your carry.

Exclusively Listed By

  • Evan Clark

    Associate Director Investments

    (801) 736-2632

    Email Evan

    License(s): ID: 8071166, UT: 10187590-SA00

    Salt Lake City

  • Jake Miles

    Senior Director Investments

    (801) 736-2654

    Email Jake

    License(s): UT: 11449836-SA00, ID: SP53647

    Salt Lake City

  • Danny Shin

    Senior Managing Director Investments

    (801) 736-2628

    Email Danny

    License(s): UT: 6298928-SA00, ID: SP38035

    Salt Lake City

  • Brock Zylstra

    Senior Managing Director Investments

    (801) 736-2642

    Email Brock

    License(s): UT: 8726586-SA00, ID: SP47190

    Salt Lake City

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