Highland Commercial

CLOSED TRANSACTIONS

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SOLD: Left Fork Ranch Land Sanpete County, Utah 407.88 acres northwest of Manti, Utah List Price: $220,000 This property included 407.88 acres five miles northwest of Manti, Utah.The acreage was comprised of a 347.88 contiguous block and 12 five-acre lots in the Temple View Estates Subdivision. There was county road access from Left Fork Main Canyon Road. Included 50% interest in mineral rights on 347 acres. Beautiful 360-degree views. Detail SOLD: Hiko Farm Hiko, Nevada 1,692 acres (586 irrigated) List Price: $3,600,000 This productive farm sat 1.5 hours from Las Vegas and has 586 acres under pivot irrigation, currently growing alfalfa, corn, and grains. It has water rights for 2,931 acre-feet per year and came with a home (built 2015), hay barn, corrals, and a feed lot for cattle. Detail SOLD: Sunridge Summit Ranch Weber and Cache Counties, Utah 2,073 acres List Price: $3,300,000 ($1,592/acre) This 2,073-acre ranch sat less than one mile from the Powder Mountain Ski Resort, and borders National Forest and State Wildlife Land. Vegetation was an ideal mix of aspen, conifer, and open parks, and two forks of the Middle Fork of the Ogden River bisect the property. Excellent high alpine hunting. Detail SOLD: Sage Ranch Development Land & Water Grantsville, Utah 86.86 acres List Price: $1,100,000 This property included 86.86 acres of residential development land along Highway 112 in Grantsville City. There were 27 shares of Grantsville Irrigation Company water included in the sale. Additionally, there were two homes, a metal shop, a hay barn, and a lean-to. Detail SOLD: Weber County Industrial - South Facility Weber County, Utah 37,756 square feet (5,100 finished office) of 30 Acres List Price: $1,300,000 This heavy manufacturing facility sat ten miles west of Ogden, Utah, and was built in 2001. Recently used to manufacture large storage tanks. Detail SOLD: Weber County Industrial - North Facility Weber County, Utah 164,947 SF of 46.8 Acres List Price: $2,950,000 This heavy manufacturing facility sat ten miles west of Ogden, Utah, and had three buildings, with overhead cranes and rail spur access. Recently used for manufacture of large liquid storage tanks. Detail CLOSED: Grantsville Main Street Development Land Grantsville, Utah 9.65 acres List Price: $550,000 This in-fill development land sat on Main Street and was zoned for single-family and multi-family residential units. Included water shares. Detail SOLD: Pocatello Development Land & Retreat 5680 Bannock Highway in Pocatello, Idaho 48.44 acres Reduced List Price: $2,100,000 This in-fill property was perfect for future development or a private retreat. Included six homes and other commercial buildings. Sat adjacent to the Portneuf River and the Juniper Hills Country Club. Detail CLOSED: Emery County Ranch Emery County, Utah 2,994.38 acres List Price: $700,000 This grazing land sat near Huntington in central Utah, and included BLM permits on adjacent land. It had irrigation and stock water rights, including 200 Class A shares in the Huntington-Cleveland Irrigation Company. Detail CLOSED: Dinosaur Crossing Development Land St. George, Utah 58 Acres Unlisted Property This 58-acre development included the future location of the Dinosaur Crossing Shopping Center anchored by Smith’s Marketplace. Detail CLOSED: Waterstone Subdivision and Farm Land Rexburg, Idaho 76 acres of farm land / development land Unlisted Property This farm land was platted for residential lots, and sat adjacent to Rexburg City. It was bordered by Rigby Lake and Long Island (Snake River). Included Snake River water shares. Detail CLOSED: Two Townhome Rental Properties Murray, Utah Rental Townhomes List Price: 540,000 These townhomes were purchased new and subsequently leased to tenants. These properties were successfully acquired through Highland Commercial for a client doing a 1031 exchange. Detail CLOSED: Salt Lake City 8-Plex Salt Lake City, Utah 8-plex multifamily complex List Price: $805,000 This 8-plex apartment complex was well located along 300 East in Salt Lake City. Each unit totaled 862 square feet and had two bedrooms, one full bathroom, a family room, kitchen, and laundry room. All eight units were leased at the time of the sale. This property was successfully acquired through Highland Commercial for a client doing a 1031 exchange. Detail CLOSED: Tooele County Range Land Tooele County, Utah 1,448 acres Unlisted Property This land was located along Highway 73 west of the Deseret Chemical Depot. The sale also included a BLM sheep permit in the Deseret Rush Valley Allotment. This property was successfully acquired through Highland Commercial for a client doing a 1031 exchange. Detail SOLD: Cottonwood Heights Office Building Cottonwood Heights, Utah 12,798 SF Office Building List Price: $2,050,000 This 12,798 square foot office building was located at 7084 South 2300 East, and included 11 office tenant suites. The building was 100% leased. Detail CLOSED: White Sage Ranch Central Utah 490,000 acres Unlisted Property This ranch--one of the largest in the West--was capable of sustaining a year-round herd of over 4,000 head of cattle. It included a 5,400-acre farm, and various State, Forest, and BLM permits, as well as private hunting units. Detail CLOSED: Rigby Farm Land Rigby, Idaho 431 Acres List Price: Unlisted Property This farm land was irrigated with Snake River water and grew potatoes, grains, and hay. It had very fertile soil and strong crop yields. Acquired through Highland Commercial using a tax-deferred 1031 exchange. Detail CLOSED: Hammett Multifamily Complex & School Hammett, Idaho 33-unit multifamily complex and school on 13.6 acres List Price: $420,000 The Hammett Multifamily Complex & School was comprised of a 33-unit apartment complex and Head Start School located on 13.6 acres in Hammett, Idaho. This property was successfully acquired through Highland Commercial for a client doing a 1031 exchange. Detail SOLD: Bear Canyon Ranch San Pitch Mountains, Utah 3,144 acres List Price: $1,300,000 This mountain land sat in Juab County and included a four-mile border with the National Forest. It's private canyons had excellent mule deer hunting, with an elevation range of 6,000 to 8,000 feet. Detail CLOSED: Highland Drive Office Building Holladay, Utah 36,000 SF Office Building List Price: $3,207,587 This office building was located on Highland Drive, and included ten office tenant suites with additional income from a cell tower. This property was successfully acquired through Highland Commercial for a client doing a 1031 exchange. Detail SOLD: Grantsville City Land Grantsville City, Utah 74.06 acres List Price: $365,000 This land was recently incorporated into Grantsville City, and was zoned for 10-acre lots. It included perimeter fencing and stockwater rights. Detail SOLD: Manti Bench Land Sanpete County, Utah 354 acres List Price: $168,150 ($475 per acre) This land sat on the bench overlooking the Manti Valley. It had strong development potential, and included BLM grazing permits on approximately 327 acres. Detail SOLD: Delta Winter Grazing Land & Water 2500 East U.S. Highway 50, Millard County, Utah 714.43 Acres List Price: $465,000 The property consisted of 714.43 acres located one mile east of Delta city with access along U.S. Highway 50 and 2500 East. Stockwatering rights for 541 ELUs, and one domestic EDU. The property was zoned Agriculture 20. The property was fully fenced with cross-fences. Detail SOLD: Heartland West Ranch - East Parcel Sanpete County, Utah 5,363 acres (3,484 deeded) List Price: $1,655,000 The east block of the Heartland West Ranch had very productive land for livestock grazing, and included Elias's Spring as well as other productive water sources. Detail SOLD: Heartland West Ranch - West Parcel Sanpete & Juab Counties, Utah 17,067 acres (9,585 deeded) Under Contract The west block of the Heartland West Ranch had excellent mule deer hunting. Thick pine forests stretched for miles in Chris's Canyon, all the way up to the top of Big Baldy. Detail SOLD: Ercanbrack Ranch Morgan County, Utah 3,155 Acres List Price: $2,950,000 This mountain ranch sat less than an hour from Park City and the Salt Lake International Airport. It included 1 3/4 miles of the Weber River and an elevation range of almost 2,000 feet. Detail SOLD: Corinne Farm 1927 North 5600 West, Corinne, Utah ±38 acres of farm land, ±2 acres with improvements List Price: $575,000 The Corinne Farm included ±38 acres of farm land with 38.5 shares in the Bear River Canal Company. The farm was producing alfalfa, melons, grain corn, and silage corn. Also included ±2 acres with home (new roof), shops, hay barn, silo, and other outbuildings. Well located within 7 miles west of Brigham City. Detail SOLD: BANKRUPTCY SALE: Salt Lake Industrial Lots Salt Lake City, Utah 2.02 acres List Price: $231,000 ($2.63/SF) These two finished industrial lots were located at 3886 and 3930 West Iron Rose Place with excellent exposure to Bangerter Highway. Detail CLOSED: Wood River Ranch Cody, Wyoming 1,248 acres List Price: $6,800,000 This mountain ranch near Yellowstone National Park had a mile of the Wood River flowing through it. The ranch had excellent elk and mule deer hunting and a 4,000 square foot lodge. Detail SOLD: S & J Duck Club 6100 West 3000 North, Salt Lake County, Utah 80 Acres List Price: $210,000 This property was used as a private hunting club. The property included 85.707 acre feet of water rights from the Jordan River, 20 hunting blinds, a clubhouse trailer, canals, and one floodgate to fill the two ponds on the property. Detail CLOSED: Arlington Apartments 415 East First Avenue, Salt Lake City, Utah 13-Unit Apartment Complex List Price: $1,290,000 The Arlington Apartments was comprised of a 13-unit apartment complex located in the Avenues of Salt Lake City. This property was successfully acquired through Highland Commercial for a client doing a 1031 exchange. Detail SOLD: Hardscrabble Ranch Morgan, Davis, and Salt Lake Counties 9,063 Acres List Price: $13,595,000 The Hardscrabble Ranch was a large block of pristine mountain land located only ten miles northeast of downtown Salt Lake City. It had over seven miles of fishable trout streams, 9,300-foot mountains used for heli-skiing, and a private hunting unit for deer, elk, and moose. Detail SOLD: Heartland Wildlife Ranch Ethel, Missouri 3,140 acres List Price: $8,685,250 This ranch had a 16,000 square foot luxury lodge overlooking a 13 acre lake. Famous for its 2,500 acres of high-fenced hunting terrain, Heartland had world-class elk, red stag, whitetail deer, and turkey hunting, as well as exotics. The entire ranch was sold turn-key, including all furnishings, equipment, and animals. Detail SOLD: Bank-owned: Traverse Mountain Commercial Development Land Lehi, Utah 8.15 acres List Price: $2,130,000 This property sat near Cabela's, the new retail outlet center, and the new Adobe campus in Lehi City. It had good exposure to I-15 and convenient access from the SR-92 exit. It was zoned for commercial uses, including office, hotel, and retail. Detail SOLD: Bank-Owned: Santaquin Residential Dev. Land Santaquin, Utah 129.97 acres List Price: $1,350,000 This bank-owned development property sat in the foothills on the east side of I-15 between the Santaquin and Payson exits. It had impressive views and backed to the National Forest. Detail CLOSED: Santa Clara Development Land (bank-owned) Santa Clara, Utah 59.18 acres List Price: $2,300,000 This residential development land had an in-fill location in a high-growth area of Santa Clara, Utah. Detail SOLD: Spring Lake Development Land/Cherry Orchard Spring Lake, Utah 82.79 acres List Price: $2,500,000 This residential development land sat adjacent to I-15, halfway between the Payson and Santaquin exits in south Utah County. It included large water rights and was leased to a cherry farmer. Detail SOLD: Grand River Hunting Property Chariton County, Missouri 283 Acres List Price: $495,250 This property included 283 acres of excellent waterfowl and deer hunting with two miles of frontage on the Grand River. Detail SOLD: Weber County Heavy Manufacturing Facility Weber County, Utah 164,947 SF on 48 acres Price: $2,266,912 This 164,947-square foot heavy manufacturing facility sat on a rail spur. Part of the property was renovated in 2011 and was currently leased. Sale subject to Bankruptcy Court approval. Case No. 12-22554. Detail SOLD: Grouse Creek Ranch Grouse Creek, Utah 32,446 Deeded Acres List Price: $6,750,000 This enormous cattle ranch was capable of supporting a year-round herd of 700 to 1,000 head of cattle. It included over 1,000 acres of irrigated land, over 60,000 acres of BLM leases, and a 16% interest in an association that owned over 21,000 acres. Sale included all ranch equipment. Detail SOLD: BANK OWNED: Doxey-Hatch Medical Building Salt Lake City, Utah 133,425 SF on 2.9 acres List Price: $2,000,000 This large medical building sat immediately across the street from St. Mark's Hosptial. It included approximately 45,914 SF of medical office and 88,511 SF of inpatient healthcare space. The building was approximately 12% leased. Detail SOLD: 50-Room Richfield Motel Richfield, Utah 50-Room motel List Price: $745,000 1.17 acres This fully operational, 50-Room, motel was located in Richfield, Utah. The property also included a +20,000 square foot commercial building, and an additional parking lot. Detail SOLD: Lost Creek Ranch Sevier County, Utah 6,321 Acres List Price: $8,800,000 ($1,392 per acre) This picturesque mountain ranch was located at the head of the Lost Creek drainage. It had thick aspen forests and was surrounded on three sides by Fishlake National Forest. It was a registered CWMU and had some of best elk populations in Utah. Detail SOLD: Linn County Farm and Ranch Land Bucklin, Missouri 1,595 acres List Price: $4,500,000 This large farm and ranch property in north-central Missouri had extensive improvements and came with livestock and equipment. It included roughly 1,000 tillable acres. Detail SOLD: Macon County Timber and Hunting Land Macon County, Missouri 501.2 acres List Price: $750,000 This large hunting property formed part of the Heartland Wildlife Ranch. It included almost one mile of frontage on the Mussel Fork River and had substantial timber stands. Detail SOLD: Grandview Peak Property Salt Lake and Davis Counties, Utah 387 Acres Sale Price: $967,800 These 387 acres of high mountain land formed part of the 9,000+ acre Hardscrabble Ranch. The property straddled the border between Salt Lake and Davis Counties and had a peak elevation of almost 9,400 feet. Detail SOLD: BANK-OWNED: Draper City Commercial Development Land Draper, Utah 28.65 acres List Price: $8,900,000 ($7.13/SF) This property sat on the principle east-west commercial corridor in Draper and comprised the last large block of commercial development land in the area. Detail SOLD: Red Rock Ranch Hanna, Utah 14,000 deeded acres List Price: $14,000,000 ($1,000 per acre) The Red Rock Ranch consisted of 14,000 deeded acres of mountain land filled with streams, ponds, pines, and aspens. The Ranch had a 10-mile National Forest border with elevations ranging from 7,000 to 10,000 feet. Detail SOLD: American Fork Office/Warehouse Building American Fork, Utah 1.1 Acres, 14,400 SF List Price: $940,000 This building had 9,800 square feet of office (on two levels) and 4,600 square feet of warehouse/shop space. It had two dock-high doors and a convenient corner location. Detail SOLD: Mountain Organic Farm Snowville, Utah 7,482 acres (3,895 irrigated) List Price: $8,600,000 This investment-grade organic alfalfa hay farm had 35 center pivots connected to 11 deep wells, with 11,685 AF of water rights. Detail SOLD: Highway 201 Industrial Property West Valley City, Utah 128 Acres List Price: $19,515,000 ($3.50/SF) This large parcel was one of the few remaining contiguous blocks of industrial land in the Salt Lake Valley. The property had excellent highway exposure and easy access. Detail SOLD: Currant Creek Mountain Ranch Fruitland, Utah 2,000 acres Sale Price: $1,200,000 This well-blocked ranch land was located halfway between Strawberry and Starvation Reservoirs. The property was zoned for 10-acre lots and had 360-degree views of the Strawberry River Canyon and the Uinta Mountains. Detail SOLD: FDIC Sale: South Jordan Parkway Commercial Property Detail CLOSED: Crandall Creek Ranch Summit County, Utah 5,113 acres Sale Price: Undisclosed The Crandall Creek Ranch consisted of a six-mile mountain mountain canyon beginning near Rockport Reservoir and rising to 8,600 feet of elevation. The Ranch was densely forested with aspens and conifers and included a five-acre lake and a small cabin. Detail SOLD: BANK-OWNED: Canyon Links Townhome Development Jeremy Ranch, Utah (near Park City) 13.95 acres (33 units) Sale Price: $2,300,000 This property comprised Phase II of the Canyon Links townhome development in Jeremy Ranch. 16 of the 33 townhome units had been partially constructed. The development sat adjacent to the Jeremy Ranch clubhouse with excellent views of the back nine fairways. Detail CLOSED: FDIC SALE: Eagle Mountain Office Building Eagle Mountain, Utah 1.6 acres; 12,300 SF Office Building Sale Price: $765,000 This office building included 12,300 square feet and an additional 35,436 square foot building pad. It was 85% complete and was sold by the FDIC as the receiver for Barnes Bank. Detail SOLD: BANKRUPTCY SALE: Buffalo Run Ranch and Lodge Woodland, Utah (15 miles from Park City) 900 acres; 12,000-square foot lodge Bankruptcy Sale Price: $9,025,000 The Buffalo Run Ranch had 1.5 miles of private Provo River frontage, a 12,000-square foot lodge with 7 bedrooms, and valuable water rights and shares. It included 900 acres of river bottom, bench farmland, and mountain forest. Detail SOLD: BANK-OWNED: Sleepy Ridge Golf Course Residential Development Land Orem, Utah 7 acres + twin home site List Price: $860,000 This property included both vacant land and a twin home site on the Sleepy Ridge Golf Course in Orem. It was one of the last remaining undeveloped parts of the course. Future homes will border the 13th fairway and scenic pond. Detail SOLD: BANK OWNED: Unfinished Townhome 4-Plex on Sleepy Ridge Golf Course Orem, Utah Bulk Sale of Four Townhome Units Listing Price: $640,000 ($160,000/unit) This property consisted of four townhome units bordering the 10th hole green of the Sleepy Ridge Golf Course. Each townhome had three bedrooms and 2.5 bathrooms with an average of approximately 1,890 SF, plus a two-car garage. The units required interior finish work. Detail SOLD: Settlement Canyon--Oquirrh Mountains Tooele County, Utah 1,257 acres Price: Undisclosed ($660,000 list price) This large Oquirrh Mountain recreational property with mineral rights was located just minutes out of Tooele City and twenty miles southwest of Salt Lake City. Detail SOLD: BANKRUPTCY SALE: SunCrest Development Draper, Utah 2,485 acres Sale Price: $25,302,000 The sale of this beautiful large-scale residential development in the foothills near Salt Lake City included over 2,400 existing and planned residential lots, as well as several commercial pads. The property was sold through a Chapter 11 Bankruptcy. Detail CLOSED: Rose Ranch Snowville, Utah 24,680 Acres Sale Price: Undisclosed ($21,500,000 list price) With over 6,000 irrigated acres and 55 center pivots, this hay and cattle ranch in northern Utah and southern Idaho was one of the largest in the West. The sale included over 2,000 head of cattle, all the ranch equipment and enormous surface and groundwater rights. Detail SOLD: Yuba Reservoir Lakefront Property Sanpete County, Utah 33 Acres Price: Undisclosed ($330,000 list price) This rare private deeded land on the water, 90 minutes from Salt Lake City, had great fishing and waterskiing, and was approved for a private pier. Detail CLOSED: Hanging D Ranch Downey, Idaho 368 Acres Sale Price: Undisclosed ($2,200,000 list price) This family hay and cattle ranch included a home and substantial ranch improvements, along with all water rights. Detail SOLD: Layton Industrial Income Property Layton City, Utah 3.29 Acres Sale Price: Undisclosed ($1,198,000 list price) This 3.3 acre industrial transport facility included over 24,000 square feet of office/warehouse space and many storage units. Detail CLOSED: Circle V Ranch Downey, Idaho 412 Acres Sale Price: Undisclosed ($1,750,000 list price) This beautiful hay and cattle ranch had a large new home overlooking 355 irrigated acres. Detail CLOSED: Monviso Lots 24 & 31 Summit County, Utah Lot 24: 20 Acres / Lot 31: 31.4 Acres Sale Price: Undisclosed ($800,000 & $750,000 list prices) These stunning lots at the headwaters of the High Uinta Mountains were sold as future cabin sites. Each lot included private ponds and improved access. Detail SOLD: Riverfront Development Land & Golf Course Morgan, Utah 315 Acres Sale Price: Undisclosed ($7,000,000 list price) This property on the Weber River included a 27-hole golf course along with surrounding development land and water rights. Detail SOLD: Snowville Dry Farm Box Elder County, Utah 6,529 Acres Sale Price: $1,960,000 This property included substantial improvements and vast certified organic acreage. Detail SOLD: Tooele Development Land Tooele City, Utah 227 Acres Sale Price: Undisclosed ($2,650,000 list price) This development parcel included both commercial and residential acreage along a future growth corridor. Detail SOLD: I-15 Industrial Property Salt Lake City, Utah 4.5 Acres Sale Price: Undisclosed ($795,000 list price) This industrial property had I-15 exposure and a large warehouse building. Detail SOLD: Holladay Retail Center Holladay, Utah 3,741 SF Sale Price: Undisclosed ($795,000 list price) This single-tenant retail building had 3,700 square feet and a NNN 9.0% cap rate. Detail SOLD: Willow Bend Ranch Emery County, Utah 468 Acres Sale Price: Undisclosed ($489,500 list price) These 468 acres on the Green River included 229 irrigated acres with 962 acre-feet of water. Detail SOLD: The Pointe and Hollows at Jordanelle Wasatch County, Utah 32 Acres Sale Price: Undisclosed ($3,175,000 list price) This acreage next to the Deer Valley Ski Resort was approved for 62 residential units next to a proposed golf course. Detail SOLD: Browns Canyon Development Land Summit County, Utah 436 Acres Sale Price: Undisclosed ($1,500,000 list price) This development property on Highway 196 was located near Jordanelle Reservoir and Park City. Detail SOLD: Silver Creek Junction Summit County, Utah 66 Acres Sale Price: Undisclosed ($1,195,000 list price) This acreage on the corner of I-80 and US 40 near Park City, Utah had potential for exclusive residential development. Detail CLOSED: Central Utah Ranch Manti, Utah 30,000 Acres (17,000 deeded) List Price: Unlisted Highland Commercial represented the buyer in the acquisition of this enormous ranch. The sale included private hunting, significant BLM and State grazing permits, and substantial mineral rights. Detail SOLD: BANKRUPTCY SALE: Sinclair Gas Station Salt Lake City, Utah .41 Acres Sale Price: $695,000 With a daily traffic count of 40,000, this gas station on Foothill Blvd. included a convenience store and car wash. The property was sold through Bankruptcy. Detail CLOSED: Murray Hotel Murray, Utah 54,370 SF Sale Price: Undisclosed This 54,000 square foot hotel included 98 rooms, and indoor pool, and conference rooms. Detail SOLD: Camp David at Big Sand Wash Reservoir Altamont, Utah 241 Acres Sale Price: Undisclosed ($2,958,000 list price) This unique property included six private lakes stocked with Rainbow Trout, along with a ranch house and two bunk houses, all on the border of the Big Sand Wash Reservoir. The property was sold in three parcels. Detail SOLD: Kaysville Commercial Property Kaysville, Utah 6 Acres Sale Price: Undisclosed ($2,200,000 list price) This property on the corner of the I-15 Kaysville exit was ideal for commercial development. Detail SOLD: West Valley City Residential Land West Valley, Utah 38.5 Acres Sale Price: Undisclosed ($1,650,000 list price) These 38.5 acres were on a major corridor, ready for residential development. Detail SOLD: Quarry Junction at Park City Park City, Utah 27 Acres Sale Price: Undisclosed ($8,450,000 list price) This property at the Jeremy Ranch exit included entitlements for over 230,000 square feet of mixed use commercial. Sold in two parcels. Detail SOLD: Lehi Shopping Center Lehi, Utah 12,648 SF Sale Price: Undisclosed ($2,300,000 list price) This shadow-anchored retail center on Main Street included 15 tenants. Detail CLOSED: Wholesale Nursery Site Copperton, Utah 100 Acres List Price: Unlisted These 100 acres were bought for a commercial nursery. The sale included substantial water rights. Detail SOLD: Sand Creek Ranch Hannah, Utah 9,400 Acres Sale Price: Undisclosed ($5,500,000 list price) This large mountain ranch included a private hunting unit, water rights, and private ponds. Detail SOLD: Yuba Reservoir Grazing Land Yuba Reservoir, Utah 4,275 acres List Price: $1,925,000 This block of grazing land included 4,275 deeded acres and 4,480 acres of BLM/State leased acres, for a total of 8,755 acres. It included water shares and frontage on Yuba Reservoir. Detail