4798 S Hwy 89-91, Wellsville, UT

$2,290,000

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16.70

Acres

About 4798 S Hwy 89-91

The property includes approximately 18.84 acres located at the intersection of Main Street (SR-101) and US Highway 89/91. A concept site plan and mixed-use zoning framework were previously approved by the Wellsville City Council. The owner is currently working with Wellsville City and UDOT to modify the configuration to accommodate highway access and intersection requirements. This process includes finalizing the internal road alignment, and Main Street improvements, along with subdivision of the property. The proposed subdivision will create three lots: Residential Lot 1 4.77 acres Residential Lot 2 4.76 acres Commercial Lot 7.8 acres The two residential lots (9.53 acres combined) are currently planned to accommodate approximately 104 three-story townhomes. The commercial lot is planned for a mixed-use development including approximately 32 residential units and multiple commercial/retail pads based on the concept plan. Updated subdivision and roadway plans are currently being submitted to and reviewed by Wellsville City and UDOT for approval. Listing Price Includes: The offering is for the planned residential portion of the development (9.53 acres total). Excluded From Sale: The 7.8-acre commercial parcel is excluded from the listing price and is not part of this offering. This is a rare opportunity to acquire entitled residential development land within a larger master-planned mixed-use project, positioned along a major transportation corridor with strong regional growth potential. Seller Documents Link: https://drive.google.com/drive/folders/1xZOzJeQNeV9IxPU8OWt-B1V6RqsQxCr5?usp=sharing Seller Agent has financial interest in the property.

Features of 4798 S Hwy 89-91

MLS® # 2015712
Price $2,290,000
Acres 16.70
Type Land
Sub-Type Residential
Status Active

Community Information

Address 4798 S Hwy 89-91
Area Wellsville; Young Ward; Hyrum
City Wellsville
County Cache
State UT
Zip Code 84339

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Cache
Elementary Wellsville
Middle South Cache
High Mountain Crest

Additional Information

Date Listed August 6th, 2024
Days on Market 641
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJames Barnard
OfficeRealtypath LLC (Pro)
Contact Info801-814-7175

Listing Map

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