4728 W 12240 S, Payson

$18,400,000

0 Bed
0 Bath
148.11 Acres
0 Garage

148 acres over 17 contiguous parcels. Sole owner. Approx 2,380 feet of frontage on I-15 (East border). Approx 780 feet of frontage on Union Pacific rail (West border). Immediate access to I-15 overpass, an on/off ramp less than 1.5 miles away and a planned I-15 ramp adjacent to property. (Yes this will create valuable commercial corners.) Located within Utah County between the two rapidly expanding municipalities of Payson and Santequin, this property has been operating as an equestrian facility for more than 20 years. Agricultural water available from two springs and three wells on property. With this property are also 57.68 shares of Strawberry Highline Canal Company. As of Sept 2021 the connection distance for Payson city water is approx 4,700 feet. This property also offers a 3552 sq. ft. residence and ancillary equestrian buildings. This property is 3 miles from Payson High School. 2.5 miles from Payson Jr. High. Found within a 2 mile radius of the property are: Super Walmart, IHOP, other National/Regional retailers (Wendy's, Costa Vida, Macey's Grocery); big box distribution (Rocky Mountain ATV, Temkin & Cal Ranch); residential and multi-family developments (a 14, 12-plex rental development, 30+ town homes under construction and a 100 unit condo project planned); and a Utah Valley University 38 acre expansion campus site (purchase January 2020). Other region notables: Provo Airport is 25 minute travel time. "Silicon Slopes" in Lehi Utah 35 minute travel time. Salt Lake International Airport 60 minute travel time. Utah Transit Authority ("UTA") Trax/Frontrunner commuter rail line currently runs 81 miles from Provo to Ogden. UTA anticipates extending the commuter rail use for Frontrunner from Provo to Springville/Spanish Fork/Payson/Santequin areas on this rail line. Information presented deemed reliable but not guaranteed, Buyer to verify.

Essential Information
MLS® #1767171
Price$18,400,000
Bathrooms0.00
Acres148.11
TypeLand
Sub-TypeResidential
StatusActive
Community Information
Address4728 W 12240 S
AreaPayson; Elk Rg; Salem; Wdhil
CityPayson
CountyUtah
StateUT
Zip Code84651
Amenities
UtilitiesSee Remarks
Exterior
Exterior FeaturesSee Remarks
Lot DescriptionSee Remarks
School Information
DistrictNebo
ElementarySpring Lake
MiddleDiamond Fork
HighPayson
Additional Information
Date ListedSeptember 7th, 2021
Days on Market34
ZoningSee Remarks
Listing Details
OfficeIntegra Realty, LLC
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