**LAND WITH CASH FLOW!?!** Some might call it a unicorn. I'll just say: This is a unique investment opportunity. Priced at an **8.5% CAP rate**, it already produces rental income while still offering plenty of future potential. With tenants on month-to-month agreements, you also have the flexibility to park your own RV, use the additional space for storage, or explore other options down the road. This is a legal non-conforming property, meaning the current use was established before today's zoning rules and is grandfathered in. The lot is also buildable, with utilities already in place, giving you options for future development. Located within St. George city limits, near shopping, theaters, restaurants, and more while still enjoying a quiet and private setting. Mature trees provide afternoon shade, and the elevated lot offers beautiful desert sunset views. Whether you're looking for an income-producing investment, a future homesite, or a combination of both, this property offers flexibility that is hard to find in Washington County.
1298 N 1050 W was listed on Aug 23rd, 2026 by Coldwell Banker Premier Realty, a real estate brokerage. 435-628-6700 is the contact info for the listing brokerage contact assigned for this listing.
search.slchomes.com shows ALL available properties from the MLS in Utah (WFRMLS), including any property that is pending, under contract, accepting backup offers, or actively seeking buyers.
Give Kevin a call today and get started on the right foot in Salt Lake City, Utah!
Contact SLC Homes at (801) 243-0699
Clientopoly.com
Information deemed reliable but not guaranteed accurate. Buyer to verify all information. The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
