$380,000

53 N Aime Ave Cedar City, UT 84720

Estimated payment $2,222/month

Total Views 551
1 Acre
$380,000 Price per Acre
43,560 Sq Ft Lot

Highlights

  • Hilly Lot
  • No HOA
  • Brush Vegetation

About This Lot

Aime Ave. Details:

•1.03-acre multifamily development lot located at 53 N. Aime Ave., Cedar City, UT 84720

•Zoned R-3-M with no CC&Rs

•All utilities are stubbed and ready to build

•Walking distance to Southern Utah University, ideal for student or workforce housing

•Previously approved by the city for a 24-unit apartment complex or an 8-lot PUD (8 individual townhome lots with separate tax IDs)

•Fully engineered, city-approved, and ready for development

•Includes multiple engineered and stamped plan sets (3 options total), soils report, and completed civil work

•Property has been owned for over 5 years, with 100+ hours invested in planning and due diligence

•Seller is motivated due to bandwidth being full with other projects Development flexibility and options:

"Build and hold as a 24-unit apartment complex. (allows up to 24 units because it is over 1 acre)

"Subdivide into 8 separate townhome lots, with twin homes and basement studios (16 total doors)

"Develop for short-term rentals (Airbnb demand in Cedar City is strong)

"Subdivide and sell individually

"Execute a phased buildout or bring in partners/investors

Additional notes:

"Strong rental demand in the area across multiple use cases (student housing, long-term rentals, and short-term rentals)

"Due diligence has already been completed, saving significant time and upfront cost for a buyer or builder

"Very few (if any) vacant lots of this size with R-3-M zoning available this close to campus

Listing Agent

Landon Anglin

Re/Max Properties License #8543923SA00 Listed on: 07/17/2025

Re/Max Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,470

Lot Details

  • 1 Acre Lot
  • Brush Vegetation
  • Hilly Lot
  • Property is zoned R-3-M

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number B-0046-0007-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,470

Lot Details

0

Listing Details

  • Directions: Head N on Sage Dr. Turn L to stay on Sage Dr. Turn R onto Ridge Rd. Turn L onto University Blvd. Turn R onto college way. Turn L onto 45 N. Follow road, lot will be on the left.
  • Prop. Type: Land
  • Reso Property Sub Type: Lot
  • Road Surface Type: Paved, Year Round Access
  • Subdivision Name: Not Applicable
  • Master Plan Zoning: R-3-M
  • Terrain Hilly: Yes
  • VegetationCrops:Sage Brush: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: B-0046-0007-0000
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1470.04

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $380,000 +27.1% --
04/03/2020 04/03/20 Sold -- -- --
01/09/2020 01/09/20 Pending -- -- --
06/15/2018 06/15/18 For Sale $299,000 +666.7% --
09/10/2012 09/10/12 Sold -- -- --
08/16/2012 08/16/12 Pending -- -- --
07/05/2011 07/05/11 For Sale $39,000 -- --
Source: Iron County Board of REALTORS®

Source: Iron County Board of REALTORS®

MLS Number: 112300

Utah Iron County Cedar City 84720

53 N Aime Ave, Cedar City, UT

This home is located at 53 N Aime Ave, Cedar City, UT 84720 and is currently priced at $380,000. 53 N Aime Ave is a home located in Iron County with nearby schools including Cedar North School, Cedar Middle School, and Cedar City High School.

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Landon Anglin
Listing Agent
Landon Anglin
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Re/Max Properties
(435) 253-6709