UDOT surplus commercial, residential land goes up for sale on auction site
The Utah Department of Transportation has announced its first 2024 state-owned surplus property auction. The department partners with SVN Auction Services to dispose of excess real property. The properties being auctioned range in size from under an acre to over 26 acres and are located in cities such as Syracuse and Kaysville, among others.
Bidding for the 16 properties begins June 19 at the department’s website, www.UDOTauctions.utah.gov, and continues through June 25.
Among the properties up for auction is an 8.65-acre vacant parcel for mixed-use development in the city of Kaysville. Located just off the new West Davis Highway, the department said the parcel represents a “unique and compelling opportunity for developers and investors to create a landmark development in one of Utah’s most desirable locations.”
“The desire for both residential and commercial development in this region continues to draw interest from local and regional developers, thanks to the steady population growth in and throughout the state,” said Louis B. Fisher III, national director of SVN Auction Services.
Other properties up for auction include a 26.88-acre parcel in Syracuse zoned for medium-density residential development.
“Syracuse offers an exceptional quality of life that attracts families and individuals looking for a suburban setting with urban conveniences,” said Fisher.
Also available in Syracuse is a 0.407-acre commercial parcel located in the commercial district across from the Walmart Supercenter.