2420 E 3300 S Development Site
$995,000
2420 E 3300 S, Millcreek, UT 84109
837 sqft
Building Size
0.31 acres
Lot Area
Details:
Highlights:
- Classic 1941 bungalow occupying a desirable Salt Lake City lot
- Land offering ideal for redevelopment or strategic hold
- Current structure spans 837 square feet
- Property is tenant-occupied for income continuity
- Existing R-4-8.5 zoning grandfathered in despite expiration
- Potential to rezone to RM for denser development
- Developer special with limited competing inventory
- Residential surroundings support multifamily or townhome options
- Solid entry point for value-add infill strategy
- Opportunity for tailored architectural vision
- Access to existing utilities simplifies future planning
- Permitting flexibility enhances development timeline
- Captures demand for housing expansion in central corridor
Description:
Rare opportunity at 2420 E 3300 S presents a classic bungalow on a sizable land parcel tailored for land developers. The 837-square-foot 1941 residence anchors the site while remaining rented, providing short-term income during planning. Existing R-4-8.5 zoning, currently expired yet grandfathered, establishes a foundation for redevelopment; the site can also be rezoned to RM for elevated density potential, up to 8 units, but 6 or 7 would fit best.
Classic single-family bungalow located on 3300 South in Salt Lake City with bungalow styling and residential surroundings. R4 8.5 zoning that has been expired but is grandfathered in, or can be rezoned to RM zoning, which is more favorable for higher density developments and can fit 6-7 units. This is a developer's special. The home is currently rented. Millcreek is open to a re-zone.
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Location
