36.73 Acres Sold in Washington Fields

Neil Walter at NAI Excel was exclusively retained to market and sell approximately 36.73 acres of land in the center of Washington Fields.

Located on the northeast corner of 3650 S and Washington Fields Road in Washington, Utah, divided into two parcels, this commercial and residential development land is on Washington City’s only north/south corridor and the largest commercial development area in Washington Fields. This land is also a short distance away from the future SR-7 connection and will very quickly become a major hub of activity in Washington Fields.

Neil Walter representing the seller through the transaction worked with Jon Walter, of NAI Excel, to close 9.36 acres of commercial development land and with Wes Davis, of NAI Excel, who represented the buyer, to close the sale of the 27.37 acres of residential development land.

“This was a great opportunity to work on the sale of both parcels. We spent hours working with the City of Washington to make sure that uses were lined out for the commercial section that would benefit both the future buyers and Washington City.” stated Neil Walter of NAI Excel.

Neil Walter

Neil is both partner and CEO for Brokers Holdings. His client base is primarily focused on investment properties, development land, special use assets with or without the accompanying business, and difficult to sell REO properties. Neil’s professional experience is built on a capital markets foundation of deal structuring, cash flow modeling, and asset pricing. He has worked on projects including development land, multifamily and student housing, convenience store portfolios, grocery stores, motel/hotel properties, manufacturing companies, transportation companies, wind farms, farms and ranches, professional service firms, and start-up entrepreneurial ventures. He has advised on transactions with or without real estate.

Jon Walter

Jon Walter is COO at NAI Excel and NAI Vegas.  Having completed several hundred transactions over the last decade, he is a valuable resource for clients across the Mountain West.  Jon enjoys finance, analyzing deals, and adding value to existing assets. Jon has valued, marketed, and sold many small businesses. He has vast experience in mergers and acquisitions both as a principal and on behalf of his clients. His experience through the transaction process makes him a valuable resource. His targeted approach to marketing produces results.

Wes Davis

Wes Davis has been one of the top producing commercial agents in Southern Utah for the past 17 years and has been recognized regularly as the Top Producer. Wes earned a Masters degree in Business Administration from Southern Utah University and Masters in Commercial Real Estate designation from the Lipsey School of Real Estate.

His success has been attributed to hard work, dedication, creativity, and active client relationships. He believes in providing quality service by going above and beyond to satisfy his customers. His experience includes brokering sales and leasing of office parks, retail centers, industrial buildings, land and structuring joint ventures. He has assisted many clients in obtaining entitlements from the city and project management for development and construction – something rarely offered by most professionals.  A few projects to note are Joule Plaza in St George, UT, City Centre in Clearfield, Utah, Orsini in St. George, UT and several others.

About NAI Vegas and NAI Excel

NAI Excel and NAI Vegas are leading providers of Commercial Real Estate Services in the West. Operating as NAI Vegas in Nevada, and NAI Excel in Utah and Idaho, we are part of the NAI Global network covering nearly every major market nationally and across the globe. Serving both urban and rural markets, we leverage our resources to help you excel in your real estate goals. When you work with one of our team, you get the benefit of working with all of us.