It’s a good bet some local land developers’ eyes widened when they saw a legal notice in The Herald Journal for a public bid sale on a 22-lot subdivision along Logan’s east bench.
In the current Cache Valley housing market, demand for residential property is high, especially along the Logan bench, where most of the land has already been developed.
The undeveloped subdivision, which will be sold in one package to the highest bidder, is part of the “Deer Pen Property” northeast of Lundstrom Park once owned by the Utah Division of Wildlife Resources and sold to the City of Logan in the early 2000s. The property sits along Aspen Drive between about 1300 North and 1700 North.
The city originally planned to place a new cemetery there and sell off the remainder of the land, but the cemetery plan was scrapped. Part of the property was subdivided for single-family homes and sold in 2005. The rest, excluding about 23 acres set aside for a city park or natural area, was subdivided in 2016 and is now going to the highest bidder.
“We’re selling the land as a whole, and the purchaser would have to come in and put in the additional streets and utilities to sell it off,” Logan City Attorney Kymber Housley said.
The minimum bid price for the subdivision, featuring four single-family lots per acre, is $900,000, based on a March 18 appraisal. Housley said the city anticipates a higher bid because of the tight housing market, “but we’ll see.”
The legal notice for the land sale states that sealed bids will be accepted until 10 a.m. Friday, May 14. At that time, bids will be opened and publicly read aloud in the Logan City Hall conference room.
Meanwhile, a neighborhood meeting to discuss plans for the parkland is scheduled Thursday night at 5:30 at Hillcrest Elementary School.
Among the orders of business will be asking participants to help select a name for the park other than “Deer Pen,” its original DWR designation. The city is inviting suggestions and has offered a few of its own to initiate the conversation, including Sagebrush Bench Preserve, Foothills Nature Park and Deer Place Park.
A controversial plan announced last year to put a power station in the natural area is not a done deal, according to Housley.
“It’s still to be determined. They’re looking at an alternative, working with USU. If that can be worked out, it will go on property that USU owns farther west,” he said.