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4065 N UPPER MILL RD photo 11 / 34
Single Family

$450,000

4065 N UPPER MILL RD, Elmo, UT 84521

Type

SFR

List Price

$450,000

Price/Sqft

$247

Est Gross Yield

3.6%

$16,320/yr est.

Property Details

Property typeSingle Family
Year built1972
Total units1
Living area1,824 sqft
Bedrooms3
Bathrooms2
Lot size79.57 acres
Days on market347
Listed2025-09-12T00:00:00+00:00

Description

79.57 Acres Farm/Ranch + Home Water Shares + Equipment Option Wide-open country living with panoramic views and serious farming potential. This offering totals 79.57 acres across Parcel 02-0088-0008 and Parcel 02-0088-0005. The residence includes 3 bedrooms, 2 baths, and a large multi-purpose room with a built-in jungle gym, plus a covered back porch for year-round enjoyment. Property & Improvements Multiple outbuildings, large barn, chicken coop, dedicated dog run, and a powered shed (110V & 240V) Ample parking and two automatic livestock water troughs Greenbelt status in place Irrigation, Water & Cultivation 10 acres of irrigated alfalfa using flood irrigation with gated pipe Additional acres are cultivable with a future pressurized irrigation system Water Shares included: 10 Carbon Canal/High Water Shares + 9 Scofield/Price River Water Users Shares Canal runs through the property with two existing canal crossings (upgrade options available) Recreation & Access ATV trails meander through the acreage for easy access and weekend fun Farm Equipment (available with the right offer) Oliver 14' tandem disc, John Deere 3-bottom rollover plow, Case 10' grain drill, Gehl 1310 round baler, 14' fantail land leveler, 3-point round bale unroller5-row slide marker, Extra gated irrigation pipe A rare opportunity to expand an ag operation or embrace a tranquil country lifestyle-additional acreage and water shares may be available. USDA Farm Service Agency loans may be an option for manufactured homes built prior to 1976-ask for details.

Listed by Laurie K. Molinar · Real Estate Titans

Location

4065 N UPPER MILL RD, Elmo, UT 84521

Proforma

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Cap Rate

2.41%

Cash-on-Cash

-6.04%

Cash Flow

-$849/mo

Purchase Price$450,000
Down Payment35% ($157,500)
Interest Rate6.00%
Monthly Rent$1,360/mo
Vacancy5%
Expense Ratio30% ($4,651)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/25/2026, 6:09:38 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.