127 W Albermarle Ave, Salt Lake City, UT 84115
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
127 W Albermarle Ave,Salt Lake City, UT 84115
$900,000
- 0.14 Acres
- Lots / Land
- Active
Listed by: austin spencer
Office: equity real estate (premier elite)
MLS#:2128347
Source:SL
Price summary
- Price:$900,000
About this home
96 Unit Micro Apartment Development site in the HEART of the Ballpark District. Located right next to Smith's Ballpark. CIty recently rezoned to MU-8 which will allow for buildings up to 8 stories high. Additional stories may be allowed on top of that if certain incentives are met. Our current configuration is 4 story, 96 unit, wood framed building slab on grade. This is an awesome opportunity to jump in and be apart of the remaking of the Ballpark district. Previous buyer had an architect put together a site plan, elevations, and unit configuration. They also received Fire Marshall approval on this project which is the biggest hurdle to get over. They were selling a business which fell through and so they couldn't close which is why we are back on the market. There is movement on parcels all around this lot. Tradition Pointe Apartments just finished up. Right next to this parcel Abstract Development is building a beautiful Mixed Use Multi Family building. The lot across the street sold this month to a developer. Other big names like Colmena Group owns large portions of land in this area. The city has a robust plan to revitalize this area in the not so distant future. Central 9th went through this same process a few years back and now property values have skyrocketed in the area and it is a hustling and bustling place. Feel free to give me a call if you are interested in the property and I can give you the full scoop on the area, neighboring parcels, etc. to save you a lot of time and effort. Building on property was razed and so you have a flat empty lot to work with. Would possibly be open to short term seller finance or JV with the right developer. Owner Agent....
Contact an agent
Home facts
- Listing ID #:2128347
- Added:621 day(s) ago
- Updated:June 10, 2026 at 11:01 AM
Structure and exterior
- Lot area:0.14 Acres
- Lot Features:Fenced: Full, Terrain: Flat
Schools
- High school:Highland
- Middle school:Clayton
- Elementary school:Liberty
Finances and disclosures
- Price:$900,000
- Tax amount:$3,294
New listings near 127 W Albermarle Ave
- Open Thu, 4 to 7pmNew
$480,000Active3 beds 3 baths2,212 sq. ft.2773 W Lacewood Dr S, Salt Lake City, UT 84129
MLS# 2163645Listed by: THE AGENCY SALT LAKE CITY - Open Sat, 9am to 12pmNew
$599,990Active3 beds 2 baths1,760 sq. ft.377 N 200 W, Salt Lake City, UT 84103
MLS# 2164094Listed by: COLDWELL BANKER REALTY (DAVIS COUNTY) - New
$535,000Active2 beds 2 baths1,638 sq. ft.3214 W Harvest Chase Dr, Salt Lake City, UT 84108
MLS# 2164105Listed by: KW WESTFIELD - New
$639,950Active3 beds 2 baths2,373 sq. ft.1824 S Mt Aire Rd #46, Salt Lake City, UT 84109
MLS# 2164076Listed by: EAST AVENUE REAL ESTATE, LLC - New
$409,000Active5 beds 2 baths1,686 sq. ft.4391 W 5215 S, Salt Lake City, UT 84118
MLS# 2164078Listed by: WASATCH GROUP REAL ESTATE - New
$2,400,000Active4 beds 5 baths4,010 sq. ft.1931 E Browning Ave, Salt Lake City, UT 84108
MLS# 2164081Listed by: CONRAD CRUZ REAL ESTATE SERVICES, LLC - New
$334,000Active0.24 Acres11777 S Muddy Creek Cv #511, Salt Lake City, UT 84117
MLS# 2164059Listed by: RE/MAX ASSOCIATES - Open Sat, 1:30 to 3:30pmNew
$750,000Active4 beds 2 baths2,040 sq. ft.2504 E Wilmington Ave S, Salt Lake City, UT 84109
MLS# 2164063Listed by: WINDERMERE REAL ESTATE (9TH & 9TH) - New
$7,950,000Active5 beds 7 baths10,549 sq. ft.2662 E Comanche Drive, Salt Lake City, UT 84108
MLS# 12602530Listed by: BHHS UTAH PROPERTIES - SV - Open Sat, 10:30am to 1pmNew
$1,380,000Active6 beds 3 baths3,338 sq. ft.1484 S Preston St, Salt Lake City, UT 84108
MLS# 2164028Listed by: WINDERMERE REAL ESTATE (9TH & 9TH)