North Industrial Park Rd, Coalville, UT

$3,119,500

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124.78

Acres

About North Industrial Park Rd

After a 20-year ownership by one Utah family, Chalk Creek Crossing is officially on the market. Summit County zone changes have reduced residential building envelopes in nearby areas from 40 to as little as 2.5 acres, creating the opportunity to develop spectacular residential projects close to the Park City Basin with its depleting residential opportunities. Summit County officials prefer this location for the residential and commercial projects that will eventually develop along Chalk Creek Road. New home owners will wake up to crisp mountain air, clear blue skies, and views of Coalville City, Chalk Creek, and the Weber River. The property is nestled between Coalville City to the south, Echo Reservoir to the west, and Echo Junction (I-80/I-84) to the north. Chalk Creek Crossing consists of approximately 125 acres, mostly agricultural with commercial potential. Both Coalville City and Summit County officials understand the potential of this property and are willing to discuss its future. Three reservoirs (Jordanelle, Rockport, and Echo), Park City, the Uinta Mountains, golfing, running, fishing, hunting, and several ski resorts are located nearby. Buyer can develop their own master plan for Chalk Creek Crossing incorporating a combination of single family lots, single family homes and condominiums, multi family housing, ranchettes, retail, office, and industrial buildings. Coalville City has been anticipating a large residential/commercial development at this location for several years. Industrial zoning is in place with an approved mix use overlay. A large residential/commercial project is being planned with Summit County south of Coalville in the Hoytsville area. Property consists of Summit County Tax ID #'s CT-301-C, CT-250, CT-301-C-1, CDRHTS-1 through 24. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.

Features of North Industrial Park Rd

MLS® # 12303007
Price $3,119,500
Acres 124.78
Type Land
Sub-Type Acreage
Status Pending

Community Information

Address North Industrial Park Rd
Area 54 - Wanship, Hoytsville, Coalville, Rockport
Subdivision Coalville
City Coalville
County Summit
State UT
Zip Code 84017

Amenities

Utilities Other, See Remarks
View Meadow, Mountain(s), Valley, See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Gradual Slope, Horse Property, Level, Natural Vegetation, See Remarks

School Information

District North Summit

Additional Information

Date Listed August 17th, 2023
Days on Market 331
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeIRG - 2020 LLC

Listing Map

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