Active

127 W Albermarle Ave

Salt Lake City, UT 84115
Mark as Favorite
Acres0.14

Acre(Lot)

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 parce ls 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.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $900,000

AD Id : 71658063

MLS Id : 2128347

Lot Size : 0.14 Acre(Lot)

County : Salt Lake

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Heating: None Cooling: None

  • Lot Information

    Lot Dimensions: 125.0x50.0x50.0 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4 Lot Description: Level

  • Listing Price Information

    Listing Price: $900000

  • Tax Information

    Parcel Number: 15-13-227-001 Annual Tax: $3294

  • School Information

    Elementary School: Liberty
    Junior High School: Clayton
    Senior High School: Highland
Sell a home like this and save $53,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
320 E 2100, Salt Lake City, UT, 84115 $2,700,000 -- -- -- 0.62 Acre(Lot)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/22/2026 @ 01:59. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/22/2026 @ 01:59

MLS: 2128347 LISTED BY: Austin Spencer, Equity Real Estate (Premier Elite) 801-651-3071 SOURCE: UtahRealEstate (Wasatch Front)

Homes around $900,000

Selling? Save $53,501 when you sell a home like this

Tour with a ByOwner Agent