largest landowners in Utah

How Much Does 1 Acre Of Land Cost In Utah?

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Utah, renowned for its stunning national parks, diverse landscapes, and vibrant cities like Salt Lake City, has always been a prime location for land buyers.

Utah's Land Market in 2023

According to WiseVoter, the median price per acre in Utah is $195,960.

This figure provides a snapshot of the land market in Utah, emphasizing its position as a sought-after destination for various purposes, from agriculture to recreational activities.

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PlatformMinimumLinkAccredited OnlyInvestments
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fundrise logo$10View InvestmentsNoPrivate Real Estate Deals

Factors Influencing Land Prices in Utah

Several elements can impact the cost of land in Utah:

  1. Location: Land prices can vary significantly based on proximity to urban centers like Salt Lake City, Provo, and St. George.
  2. Type of Land: The intended use, whether it's residential, commercial, or agricultural, can influence the price.
  3. Economic Climate: The overall economic environment, both locally and nationally, can affect land prices.
  4. Land Characteristics: Utah's diverse regions, from the Wasatch Range to the Colorado Plateau, play a role in determining land prices.

Conclusion

Utah, with its strategic location in the West and its rich cultural and natural significance, offers a range of opportunities for those looking to invest in land.

Its diverse landscapes combined with its economic potential make it an attractive destination for various purposes.

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Each parcel is divided into shares, and investors can purchase shares to earn cash distributions as well as benefit from the land value appreciation.

Farmland Riches is affiliated with AcreTrader, and we may earn a commission when you sign up for AcreTrader.

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