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Salt Lake County, UT · Sold

UT-226270

228 County Road 118

$393,100
$4,187/ac · 93.89 ac
Acreage93.89 ac
Price per acre$4,187/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedDec 9, 2023
Coordinates40.6326, -111.8290
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Salt Lake County, Utah. Off-grid ranchette subdivisions and Wasatch-adjacent acreage.

View Salt Lake market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
18
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

717 ft of deeded road frontage.

Power2,000 ft away

Service extension needed; get a utility quote.

Buildable area78.31 of 93.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$328,497
$248,786$408,209 · $3,499/ac on 93.89 ac
Asking vs estimate
+19.7%
Priced above the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $393,100
Maximum allowable offer
$187,713
$1,999/ac · +30.0% target margin

You need $205,387 off asking to hit this margin.

All-in cost$203,669
Net resale$302,218
Projected profit$98,549
ROI+48.4%
Annualized+69.2%
Break-even resale$2,358/ac
Profit if resale lands off target
-20%
$38,105
-10%
$68,327
0%
$98,549
+10%
$128,771
+20%
$158,993
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
UT-487310
Dirt · Power at road
199.4Jul 27, 2026$396,0001,9862,0606.6 mi
75
UT-876037
Dirt · Off grid
79.3Jan 26, 2024$213,6002,6932,8654.4 mi
74
UT-156279
Gravel · Off grid
94.5Aug 2, 2024$458,6004,8534,5389.3 mi
73
UT-405632
Dirt · Power at road
59.1May 30, 2024$218,8003,6993,0935.2 mi
68
UT-657328
Dirt · Power at road
202.1Dec 27, 2024$646,5003,1993,5522.8 mi
67
UT-725163
Gravel · Off grid
42.1Apr 12, 2024$189,1004,4923,5692.6 mi
64
UT-267816
Gravel · Off grid
287.8Oct 19, 2024$893,1003,1043,8856.7 mi
60
UT-377694
Gravel · Full utilities
263.4Mar 3, 2024$1,465,0005,5624,8446.5 mi
56
Show adjustment detail for the top comp
  • Tract size (199.44 ac → 93.89 ac)+21.8%
  • Utilities (Power at road → Off grid)-15.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.