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A piece of Logan bench property sold this month by Logan city brought more than double the amount set for a minimum bid. The land along Aspen Drive in northeast Logan, which was pre-approved for a 22-lot subdivision, went up for bid with a minimum asking price of $900,000 and sold for just over $1.8 million, according to Logan City Attorney Kymber Housley. The land attracted nine offers, and the top bid came from Capstone Commercial Finance of North Logan. The listed agent for the LLC is Brent Lawyer, who could not be reached for comment on Wednesday. × Advertisement “We’re under contract with them now. They have a 60-day due diligence period, and then we’ll close within 30 days after that,” said Housley, who had speculated before the sale that the tight local housing market and soaring home prices could raise demand for the property, especially since it is one of the last pieces of land available on the Logan bench.

United statesDeer penNorth loganKymber housleyRuss akinaUtah division of wildlife resourcesAspen driveLogan city attorney kymberCapstone commercial financeBrent lawyerUtah divisionWildlife resourcesRecreation director russ akinaLogan parksKymber housleyRuss akina