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Updated over 3 years ago on . Most recent reply

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Taylor Howe
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Options for a vacant lot

Taylor Howe
Posted

My wife and I live in Utah and bought a rental property in Spencer earlier this year. The backyard of the property was split into a second lot by the seller. It's on a corner so both lots are on a street. 

We ended up getting both lots in the deal. Each lot is .141 acres. Things are going great with the tenant in the existing house. 

We're wondering what we should do with the other lot. Sell it, build a tiny house or regular house and turn it into a rental. Or just leave it as is. 

Interested in feedback from the community here. Any ideas? How would we go about exploring the different options? 

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Call the zoning department of the city. Utah is not an ADU friendly state, I thought you had to live in the house to have an ADU. Lot size could be an issue as some areas have a minimum lot size for building.

My city has a garage requirement for new builds, killed a potential deal for me, I wanted to convert a dental office into a duplex but was informed I would have to build a garage for each unit...

You could rent it out for rv storage or something like that.

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