518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721
518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721
518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721
518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721
518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721
518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721
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$ 33,600,000
Est. payment | /mo

4,000 SqFt


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$ 33,600,000
Est. payment | /mo
Save

4,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $8,400

MLS Listing ID 118355

Construction Status Existing

Year Built 2021

Annual Tax Amount $2,713

Lot Size 4,000 Sqft

Acres 158.01

Property Sub-Type Commercial Land

Source Iron County Board of REALTORS®

Property Description

Exceptional opportunity to own 518.03 acres positioned in the path of Cedar City's future annexation and growth! Approximately 80
acres are zoned R-1 and ready to develop into .25-acre lots, with the remaining acreage zoned A-20. The sale includes an impressive water portfolio: 1,384 ACFT of water rights, with 564 carrying priority dates of 1934 or earlier, plus 578 shares of Coal Creek Irrigation Company water, usable for development at 1/3 ACFT per share. Property improvements include 3 private wells, a large shop, hay barn, and more. Pivot irrigation lines are negotiable. With substantial acreage, valuable water resources, existing improvements, development potential, and a strategic location in Cedar City's path of expansion, this property presents a truly rare investment opportunity.

Location

State UT

County Iron

Community Not Applicable

Direction Head south on 200 N. Turn north on Lund HWY. Turn west onto 1600 N. Continue on 4500 W. Turn west onto 2400 N. Farm will be to the north and east.

Interior

Heating Other

Exterior

Utilities Available Sewer Connected, Irrigation, Irrigation Well

Building

Structure Type Metal Siding

New Construction No

Construction Status Existing

Others

Senior Community No

Tax ID D-0768-0000-0000

Listed by ERA Realty Center

Nearby Locations

Kelly L Martin

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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518 Acres 1384 AF Water, 578 Water Share