Tuesday, August 21, 2007

State Auction Will Sell Rec Property

The Utah Trust Lands office provided the info below. (Trust Lands manages school trust property, and occasionally sells off parcels to raise money.)

Dear Prospective Trust Lands Buyer:

The Trust Lands Administration will offer over 20 properties for sale at public auction on Friday, October 12, 2007, at 10:00 a.m. The auction will be held at the Little America Hotel in Salt Lake City. Some properties are suitable for industrial/ commercial uses or residential development. Others are ideally located for individual home sites, agricultural uses, and recreational uses. The following is a brief summary of the lands that will be offered:

Beaver County:
The North Creek property consists of 52.22 acres and is located approximately 5 miles northeast of Beaver and 3.5 miles southeast of Manderfield. The property is zoned for agriculture and offers privacy, solitude, clean mountain air, great views, and country atmosphere. The Fishlake National Forest boundary is only 2 miles away. The area offers many good recreational opportunities, including hunting, fishing, hiking, and site-seeing.

Box Elder County:
The Promontory North parcel consists of 714.38 acres and is located near the eastern edge of the Great Salt Lake on the west side of the Promontory Peninsula, approximately 9 miles west of the Golden Spike National Historic Site. The property has historically been used for seasonal cattle grazing.

Piute County:
Four parcels located on the northwest side of Otter Creek Reservoir, approximately 8 miles north of Antimony and 1 mile south of Angle, will be offered. The Otter Creek parcels offer excellent recreational opportunities, including fishing and boating, as well as easy access to Otter Creek State Park on the south end of the reservoir. Two of the parcels consist of 80 acres each and have some frontage on the reservoir when it is full. The other two parcels consist of slightly less than 40 acres each. The parcels will be offered separately.

San Juan County:
Eight Montezuma Creek parcels will be offered. The parcels range in size from 0.84 to 3.69 acres and are located in the city of Montezuma Creek on the Navajo Nation Reservation. The properties are in a developed area and are zoned for commercial use. Water, power, and sewer are available to each property. Each parcel will be offered separately.

Located in a remote area approximately 10 miles north of Monticello and 35 miles south of Moab, the Photograph Gap property is situated on the road leading to the spectacular Canyonlands National Park. This property consists of 180 acres. Good agricultural opportunity exists, along with recreational and residential opportunities.

Utah County:
Three Lake Shore properties, located about 5 miles west of Spanish Fork, are ideal for agricultural and residential uses. Parcels 1 and 2 each consist of 50 acres, and Parcel 3 consists of 120 acres. Two of the properties are currently being cultivated. The third parcel is horse property. Water rights are included. Each parcel will be offered separately. State financing is not available for these properties.

Washington County:
Located in a country club subdivision 5 miles southwest of St. George, the Tonaquint – Montezuma at Bloomington parcel sits in a small canyon. The site is exceptionally scenic and quiet, due to its canyon location and minimal exposure to roadway traffic. Large single family homes and the Bloomington Country Club and Golf Course are nearby. This 15.20 acre parcel is currently zoned as open space. A zoning change and other municipal approvals will need to be obtained prior to any development.

The Shoal Creek property is located approximately 2.5 miles west of Enterprise. This 10 acre parcel is bordered on all sides by private land. Some recreational opportunity exists. The parcel is zoned Open Space Transitional.

Wayne County:
Two Hanksville properties, just outside city limits, are suitable for various uses, including commercial and residential development. This property lies south of the town of Hanksville and offers excellent recreational opportunities, with easy access to Glen Canyon National Recreation Area and Lake Powell which are within an hour’s drive. Parcel A contains 80 acres, and Parcel B contains 160 acres.

State financing is available on most properties being offered. If you would like further information about any of the above properties, the auction process or financing options, please feel free to call me toll-free at (877) 526-3725 [877-LANDSALE], or visit us on the Web at www.trustlands.com.

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