What are trust lands?
Trust lands are parcels of land granted by Congress to Utah at statehood to support specific beneficiaries, including public schools, universities, hospitals, and reservoirs. Trust lands are not public lands, but are generally open for public use, when possible. Trust lands were allocated specifically to generate revenue to support our beneficiaries. SITLA currently manages 3.4 million surface acres on behalf of our beneficiaries.
ONLINE BIDDING INFORMATION:
Bid Start Time for this Parcel: 9:40am MDT, June 8, 2023
Bid End Time for this Parcel: 10:40am MDT, June 13, 2023
The closing costs are in addition to the 10% down payment. The cultural resources survey costs may be financed, upon approval. All other closing costs are due from the prevailing bidder at the auction and cannot be financed.
The net proceeds from the sale of this property will be deposited into the permanent fund for the beneficiary of Reservoirs.
Township 13 North, Range 4 West, SLB&M
Section 10: All
This parcel is located in Box Elder County, 5 miles west of the town of Plymouth. It is 12 miles northwest of the city of Tremonton; 85 miles north of Salt Lake City; and 8 miles south of the Utah/Idaho state line. The parcel is between I-15 and I-84, approximately 5 miles from each interstate.
Access is from Johnson Canyon Road, which runs through the middle of the property.
This property has historically been used as open range land. The highest and best use for the parcel is cattle grazing and recreation. It is surrounded by private property. The topography is flat to moderately sloping. The elevation is approximately 5,500 to 5,800 feet. The vegetation is mostly sagebrush and native grasses with minimal trees.
640.00 acres, more or less
No water rights are available to be sold with this property.
There are no utilities located nearby.
The property is listed as un-zoned. Please contact Box Elder County for more information about zoning.
Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. A down payment of 10% and closing costs will be due at the auction. The remaining balance can be financed for up to a 20 year term.
Cultural Resource Covenant:
A cultural resource survey was conducted on this parcel. No significant historical or cultural sites were identified. The property will be sold without any reservations for significant historical or cultural sites.
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