Perfect for the savvy Land / Multifamily investor, this property is strategically located in the desirable Magna area and is zoned R-2-6.5, offering great potential for multifamily development. With its prime zoning designation, this parcel presents an exceptional opportunity for building residential units that cater to the growing demand for high-quality housing in the area. The property's ideal location in Magna ensures access to a range of amenities and conveniences, making it a promising investment for those looking to capitalize on the thriving real estate market in this sought-after neighborhood. Exceptional 0.77-acre corner lot at 7382 W 3500 S in Magna-prime for development with past plans approved for three duplexes (six total units). Positioned on an intersection, this flat, build-ready parcel offers outstanding visibility, utility access, and strong resale potential for the end product. Ideal for developers seeking a multi-family opportunity in a growing area, just minutes from major amenities and commuter routes.
For sale
$898,000
7382 W 3500 S, Magna, UT 84044
--beds
--baths
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flat build-ready parcelOutstanding visibilityCorner lot
- 327 days |
- 34 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Elliot Abel 801-231-8722,
Investment Realty Advisors LLC
Source: UtahRealEstate.com,MLS#: 2105086
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Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 0.77 Acres
Details
- Parcel number: 1428476040
- Zoning: 1206
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Blt./Standing
- New construction: No
Community & HOA
Community
- Subdivision: Centennial V
HOA
- Has HOA: No
Location
- Region: Magna
Financial & listing details
- Tax assessed value: $3,300
- Annual tax amount: $1,822
- Date on market: 8/14/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,624/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Price change | $898,000+32.1% |
Source: | ||
| 11/8/2024 | Listed for sale | $679,900 |
Source: | ||
| 11/4/2024 | Pending sale | $679,900 |
Source: | ||
| 10/3/2024 | Listed for sale | $679,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | $49 -10.6% | $3,300 +22.2% |
| 2015 | $54 +11.8% | $2,700 |
| 2014 | $49 | $2,700 |
| 2013 | -- | $2,700 +12.5% |
| 2012 | -- | $2,400 -38.5% |
| 2011 | -- | $3,900 |
| 2010 | -- | $3,900 |
| 2009 | -- | $3,900 |
| 2008 | $51 | $3,900 +69.6% |
| 2007 | -- | $2,300 +9.5% |
| 2006 | -- | $2,100 +16.7% |
| 2005 | -- | $1,800 +28.6% |
| 2002 | -- | $1,400 +180% |
| 2001 | -- | $500 |
| 2000 | -- | $500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 84044
Nearby schools
GreatSchools rating
- 3/10Lake Ridge SchoolGrades: PK-6Distance: 0.2 mi
- 1/10Scott M Matheson Jr High SchoolGrades: 7-8Distance: 0.5 mi
- 3/10Cyprus High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Lake Ridge
- Middle: Matheson
- High: Cyprus
- District: Granite
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Utah
- Salt Lake County
- Magna
- 84044
- 7382 W 3500 S






