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Canyon Shadow Subdivision

OPPORTUNITY ABOUNDS - with Canyon Shadow Subdivision!

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Asking Price: $2,575,000
Address 

1 Canyon Shadow Subdivision, Moab, UT 84532

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Date Added
Aug 7, 2024
Days on Market
312 days
Time Since Last Update
33 days

Details

Property TypeHospitality, Land, Mixed Use, Multifamily
SubtypeCommercial, Hotel, Single Family Rental Portfolio
ZoningMU-1, HC
Lot Size (acres)4.67
Broker Co-OpYes
APN001500000000
IntelligenceINTELLIGENCE
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Marketing Description

OPPORTUNITY ABOUNDS – with Canyon Shadow Subdivision! Located in San Juan County, this 3.76-acre development parcel offers over 440 ft of Highway 191 frontage.​ A rare gem in Moab's investment market, Canyon Shadow Subdivision presents exceptional short-rental potential – either with a permitted hotel or motel, or with the current platted 16 – unit twin home subdivision with approved short-term rental use.​ The current common area provides ample space for additional trailer parking and other non-structural amenities, enhancing the versatility of the site.​ It's your opportunity to build with the current subdivision or liquidate the current plat to make it a clean palate for your personal vision! Situated in close proximity to Ken's Lake, Steel Bender Trail, Behind the Rocks, and the La Sal Mountains, Canyon Shadow offers a prime location for outdoor enthusiasts and investors alike.​

OFFERS: Offers received after noon on Fridays will be presented the following business day.​ Please structure acceptance accordingly.​ SELLER FINANCING: Seller financing for a qualified buyer with 30% down, interest rate of 6%, 10 year balloon, 30 year amortization, and prepayment penalty.​ Final terms to be based on buyer credit.​ ZONING: San Juan County is in the process of updating their land use code.​ This property is slated to be split zoned, half HC and half MU-1.​ Short Term Rental capability and residential use are both legal non-conforming uses.​ Seller to provide confirmation from San Juan County with Seller Disclosures.​ TAX PARCELS: this listing shall include the following San Juan County, Utah tax parcels ID numbers, to be sold together as one sale offering: 001500000000; 00150000U02A; 00150000U02B; 00150000U03A; 00150000U03B; 00150000U04A; 00150000U04B; 00150000U05A; 00150000U05B; 00150000U06A; 00150000U06B; 00150000U07A; 00150000U07B; 00150000U08A; 00150000U08B; 00150000U09A; 00150000U09B

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Listing Contacts


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Additional Information
Broker Name
Rachel Moody
Broker License
UT UT 5726694-AB00
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