For sale MLS# 2180553 · 66 days on the market
$3,150,000
It starts with a call with an agent.
875 S Redwood Rd, Salt Lake City, UT 84104
About this home
Calling all builders and developers, this is a fully entitled 45 unit townhome development opportunity at 875 S Redwood Rd in Salt Lake City, Utah. The 1.13 acre site is zoned MU-5 and is uniquely positioned with road frontage on three sides and a public alley abutting the north side, effectively surrounding the property on all four sides. The approved plan includes 45 individually platted townhome lots, with 24 units on the west parcel and 21 units on the east parcel. The concept features 3 bedroom, 2.5 bath units averaging approximately 1,350 SF, excluding garages, with a mix of 1 car garages plus driveway parking and side by side 2 car garages. Select units include private rooftop decks. The property is offered fully entitled with an approved plat, civil engineering plans, Phase I Environmental Site Assessment, Geotechnical Report, and Fault Rupture Study. The site is located near the 9-Line Trail and within Salt Lake City's RDA 9-Line Community Reinvestment Area and Geographic Focus Area. The location provides convenient access to downtown Salt Lake City, Salt Lake City International Airport, major transportation corridors, and the planned Power District redevelopment. Other potentially acceptable uses include, but are not limited to, car wash, C-store, hotel, retail, and light warehousing. All entitlement and due diligence materials are available upon request. No architectural construction documents are included.
Written by the listing agent.
Location
The market in Salt Lake City today
$3,150,000 is 217% above the median asking price in Salt Lake City.
28% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 25, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salt Lake City
Salt Lake City is the capital and most populous city of Utah, founded in 1847 and located in a valley near the Great Salt Lake.
- 199,723 residents (2020)
- 24 rail stations
- 79 named trails
- 101 named parks
Monthly payment
- Principal & interest
- $17,456
- Property tax
- $1,375
- Home insurance
- $110
10% down ($315,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 1.13 acres
- Subdivision
- BURLINGTON
- Sewer
- Sewer: Available, Sewer: Public
- County
- Salt Lake
- Faces
- West
- Zoning
- Single-Family, Multi-Fami
See all 7 details
- Terms
- Cash, Conventional
- Corner Lot
- Curb & Gutter
- Fenced: Part
- Sidewalks
- Near Golf Course
- Terrain: Flat
- Golf Course
- Natural Gas Available
- Electricity Available
- Sewer Available
See all 11 features
Lot features
- Corner Lot
- Curb & Gutter
- Fenced: Part
- Sidewalks
- Near Golf Course
- Terrain: Flat
View
- Golf Course
Utilities
- Natural Gas Available
- Electricity Available
- Sewer Available
- Sewer: Public
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Salt Lake
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Listing courtesy of Windermere Real Estate / Matt Sneyd. Based on information from UtahRealEstate.com as of 9/22/2026 9:18 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.