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Richfield, UT 84701

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For Sale

$539,900

36 beds22,548 sqft

Estimated Payment

$ 2,849 /mo.

6.83% APR for 30 yrs.
$300 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • $23.94
    Price per square foot

  • New Construction
    Age

Explore this Property

**Prime Opportunity Zone Development : Shovel-Ready Land for 28 Apartment Units in Richfield, UT. This property is in a designated Opportunity Zone, offering significant tax incentives to investors, including potential deferral or elimination of capital gains taxes. With projected gross monthly rents of $32,400 this development is poised to yield over $1.5 million in profit upon stabilization, making it an incredibly attractive opportunity for developers and investors alike. **Included in the Sale:** - Civil Plans - Architectural Designs - Geotechnical Report - Topographical Survey - Easements & Utility Plans - Complete Development Packet with all necessary documentation to proceed with construction Reach out for link to full development packet. OM & drawings attached in listing.
MLS# 2053171

Courtesy Of NRE

(801) 641-7253

Property Features

  • Age
    New Construction
  • Architecture Style
    Other
  • Lot Size
    1.13 Acres

Area Map

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Home seller CENTURY 21 Essentials Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Essentials Realty

(435) 283-6626
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,824
  • Property Taxes
    $25
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,849

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ashman School

Grades KG-2 Public School


Richfield, UT 84701 0.6 miles
70 n 200 w

493 total students

Pahvant School

Grades 3-5 Public School


Richfield, UT 84701 0.8 miles
520 n 300 w

500 total students

Red Hills Middle School

Grades 6-8 Public School


Richfield, UT 84701 1.2 miles
400 s 600 w

532 total students

Richfield High School

Grades 9-12 Public School


Richfield, UT 84701 1 miles
495 w center st

710 total students

Other Nearby Schools Distance Type Grades School Rating
Richfield Preschool 0.6 miles Public PK
Sevier Career And Technical Education Center 0.9 miles Public 9-12
Cedar Ridge High School 1 miles Public 6-12 F
Fieldstone Academy 2.7 miles Private 7-12

Richfield Preschool

Distance: 0.6 miles

Type Public

Grades: PK

Sevier Career And Technical Education Center

Distance: 0.9 miles

Type Public

Grades: 9-12

Cedar Ridge High School

Distance: 1 miles

Type Public

Grades: 6-12

F

Fieldstone Academy

Distance: 2.7 miles

Type Private

Grades: 7-12

Local area information for Richfield, UT 84701

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Richfield, UT 84701

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are below the national average.

78° July
Hottest Average Month

13° January
Coldest Average Month
3,335 Total Households in Area
45.6%
of households
have children
12 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Richfield, UT 84701

Richfield, UT 84701 has a population of 9,585 people in 3,335 households with a median age of 34.3 years old.

Up 2.6%
Increase in population
since the year 2010

Population is Trending up
3,141
Total households as of 2010
Up
7.6%

Community Population By Age

Community Population By Ethnicity

White 90%
Hispanic 5%
Native American 3%
Other 2%
Asian <1%
Black <1%

Economics
for Richfield, UT 84701

65 /sq mi
Population Density
$62,569 /yr
Median Household Income
$249,652
Median Sales Price
12 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 87%
  • Work from Home 9%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 2,346 66%
Rented 989 28%
Vacant 217 6%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Richfield, UT 84701

34.3 Median Age

Average Household Size

2.8
persons per
household

64.8%

Married Households

Community Population By Education

High School Graduate 28%
Some College 27%
Bachelors Degree 16%
Associates Degree 12%
Graduate Degree 9%
Some High School 8%

Household Family Expenses vs National Average

45.6% of households have children

Weather
for Richfield, UT 84701

The weather for this area ranges from a high of 78° F in July to a low of 13° F in January

78° July
Hottest Average Month
13° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
35°
Feb
14°
39°
Mar
19°
44°
Apr
25°
51°
May
34°
60°
Jun
42°
71°
Jul
50°
78°
Aug
48°
75°
Sep
40°
68°
Oct
31°
56°
Nov
20°
44°
Dec
14°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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