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    1247 Empire Ave Park City, UT 84060

    For Sale
    $5,250,000

    LAND - Park City, UT

    Lot size:
    0.22 Acres
    Days on Market:
    134
    Last Refresh:
    Dec 12 at 2:06 pm

    Property Features for 1247 Empire Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    SW-VII-1
    Lot size
    0.22 Acres

    KW Utah Realtors Keller Williams (801) 858-0000 [email protected]

    Listing agent Shauna Winters (801) 858-0000

    Listing date Aug 1, 2025

    MLS# 1994535 Listing URL

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Old Town

    This 0.22-acre property in Old Town Park City presents an exceptional opportunity due to its versatility and location. The site comprises four parcels: SW-VII-1, SW-VII-2, SW-VII-3, and SW-VII-4. Its Recreational Commercial zoning permits a wide array of uses, including single-family homes, nightly rentals, and multi-unit dwellings, all subject to city approval. The property is situated steps from City Park, the Park City Library, and Main Street, providing immediate access to shopping, dining, nightlife, and year-round outdoor recreation such as skiing, hiking, and biking. Yurts are currently not in use due to foundation concerns. This site offers the chance to create something special in a coveted location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Hair Salon Pharmacy Storage Facility Dental Office Nail Salon Law Firm Spa & Massage

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park City
    County
    Summit
    State
    Utah
    Longitude
    -111.504483
    Latitude
    40.65091

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    FAQs

    What type of property is this?
    Commercial land - Versatile land in coveted location near Main Street.
    Where is this commercial land located?
    The property is located at 1247 Empire Ave Park City, UT.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Old Town Park City, steps from City Park, the Park City Library, and Main Street.; - Recreational Commercial zoning allows for diverse development options.; - Total lot size of 0.22 acres comprised of four parcels (SW-VII-1, SW-VII-2, SW-VII-3, SW-VII-4).
    (801) 858-0000
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    Park City, UT 84060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1247 Empire Ave Park City, UT 84060
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