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910 E 400 S
Salt Lake City, UT 84102

$5,717,250 USD

Land For Sale  •  0.75 AC

Property Details

  • Property Type Land
  • Lot Size 0.75 AC
  • Zoning TSA-UN-T
58 Transit Score
80 Walk Score

Description

The Site is situated under 5 minutes west of the University of Utah (the U), the state’s flagship higher education institution with nearly 35,000 students enrolled as of 2023. The U has declared its goal to reach an enrollment of 40,000 over the next decade, while requiring an additional 10,000 housing units to meet this demand. Cushman & Wakefield estimates that there are only 1,000 beds of inventory for purpose-built student housing in the University’s vicinity, signaling the absolute need for the market to supply this product type. 910 East 400 South presents the compelling opportunity for developers to capture future rental growth from this supply-constrained market. On the multifamily side, the Site benefits from its location on 400 South, a major transit corridor. It can cater to a demographic that wishes to live just outside of Salt Lake City’s CBD while not giving up access and convenience.

Highlights

Strategically located on the hard corner of 900 East and 400 South, allowing access from two highly-trafficked corridors.
Desirable and unique zoning of TSA-UN-T allows up to 50’ of height with zero height minimums, providing for a variety of uses.
The area surrounding 910 East 400 South showcases strong demographics, with average household income for 2023 at $101,096 within a 5-mile radius.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
North Temple Station (FrontRunner - Utah Transit Authority (UTA)) 8 min - 3.0 mi
Warm Springs Relief Point (FrontRunner - Utah Transit Authority (UTA)) 11 min - 4.4 mi
Transit/SubwayDriveWalkDistance
900 East (TRAX Murray/Midvale/University Line - Utah Transit Authority (UTA), TRAX University Line - Utah Transit Authority (UTA)) 0 min 2 min 0.1 mi
Trolley Square (TRAX Murray/Midvale/University Line - Utah Transit Authority (UTA), TRAX University Line - Utah Transit Authority (UTA)) 1 min 9 min 0.5 mi
Stadium (TRAX Murray/Midvale/University Line - Utah Transit Authority (UTA), TRAX University Line - Utah Transit Authority (UTA)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Salt Lake City International 15 min - 8.1 mi
Kip Paul 801-303-5555 Cushman & Wakefield
Kip Paul 801-303-5555 Cushman & Wakefield