Mortgage lead for Land loan in Beaver, UT, 84713

Date Posted

8/17/2026 3:28:55 PM

Property at

Beaver, UT, 84713, USA Show Map

Borrower at

Property Type

Land

Property Value

$11,000,000

Amount of Existing Loans

$2,500,000

Loan Request

$3,750,000

LTV

34.09 %

Credit Rating

680-699

Loan Purpose

Refinance all

Purpose

729 North Pine Creek Highway is fully entitled 71.82 acres of land. It's been developed to house a 136,000 square feet industrial building and a proposed water packaging plant. As is the property is appraised at $10.9M.They are currently going through an IPO and won't construct the building until a couple of years afterwards.

Currently, there is a $2.5M bridge loan balance and they would like to refinance this land for cash out of $1M. Their exit strategy is the IPO which should be completed by the first quarter of 2027. They are seeking a 18month-5 year bridge amortized at 27-30 years with 12 months cash reserves and payments.

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Loan Request for Land loan in Beaver, UT, 84713