Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    376 S Main Street Leeds, UT 84746

    View on Map
    Claim this Listing
    For Sale
    $350,000

    LAND - Leeds, UT

    Property size:
    114,127 SF
    Lot size:
    2.62 Acres
    Price / SF:
    $3/SF
    Added:
    Oct 7, 2025
    Days on Market:
    212
    Last Refresh:
    May 6 at 6:06 pm

    Property Features for 376 S Main Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    L-92-A
    Size
    114,127 SF
    Lot size
    2.62 Acres

    We can help!

    Listing Contact
    SHELLEE Annette HAINES

    Listing agent SHELLEE Annette HAINES

    Listing office WHITE CROW REAL ESTATE 4617 Pioneer Road, St George, UT

    Listing date Oct 7, 2025

    MLS# 25-265784 Listing URL

    Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2.62 acres of land in Leeds, Utah.
    • Excellent freeway visibility off I‑15 Exit 22.
    • Zoned R‑R‑20 (Residential) offering development flexibility.
    • Ideal for custom homes, small projects, or long‑term investment.
    • Convenient location with scenic surroundings.
    • Includes a 10 year fuel deed restriction.

    Overview

    Land in Leeds, Utah

    This 2.62-acre parcel is located in Leeds, Utah, at 380 S Main St, offering excellent freeway visibility off I-15 Exit 22. Zoned R-R-20 (Residential), the property allows flexibility for future development or investment. The lot includes a 10-year fuel deed restriction. With its convenient location, scenic surroundings, and strong growth potential, this property is ideal for custom homes, small projects, or long-term investment. The property size is 114127 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    (Bike/Boat/Book/etc) Store Storage Facility Travel Agency Hotel & Motel Department Store Big Box & Wholesale Store Nail Salon Hair Salon Real Estate Agency Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Leeds
    County
    Washington
    State
    Utah
    Longitude
    -113.371374
    Latitude
    37.230754

    Nearby Similar for Sale

    • $169,500
      12,197 SF

      Leeds Estates Corner Lot

      Residential lot in Leeds Estates ready for custom home.
      62 Vista Ave, Leeds, UT 84746
      View Details
    • $800,000
      435,000 SF

      8-Acre Land Parcel, Leeds, UT

      8-acre commercial land with I-15 visibility in Leeds, Utah.
      Leeds, UT 84746
      View Details
    • $799,000
      147,699 SF

      Luxury Land with Sweeping Views

      Luxury land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-8, Leeds, UT 84746
      View Details
    • $699,000
      130,926 SF

      Luxury Land with Sweeping Views

      Exclusive land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-7, Leeds, UT 84746
      View Details
    • $625,000
      104,609 SF

      Luxury Land with Sweeping Views

      Luxury land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-12, Leeds, UT 84746
      View Details
    • $630,000
      128,526 SF

      Luxury Land with Sweeping Views

      Luxury land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-9, Leeds, UT 84746
      View Details
    • $975,000
      130,701 SF

      Luxury Land with Sweeping Views

      Luxury land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-4, Leeds, UT 84746
      View Details
    • $895,000
      116,928 SF

      Luxury Land with Sweeping Views

      Exclusive land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-14, Leeds, UT 84746
      View Details
    • $675,000
      130,522 SF

      Leeds Land with Sweeping Views

      Luxury land enclave with panoramic mountain and desert views.
      Parcel: L-SEE-10, Leeds, UT 84746
      View Details
    • $625,000
      124,491 SF

      Luxury Land with Sweeping Views

      Exclusive land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-11, Leeds, UT 84746
      View Details
    • $675,000
      116,741 SF

      Luxury Land with Sweeping Views

      Exclusive land in Leeds with panoramic mountain and desert views.
      Parcel: L-SEE-13, Leeds, UT 84746
      View Details
    • $820,000
      128,293 SF

      Luxury Land with Sweeping Views

      Exclusive land parcel in Leeds with panoramic mountain views.
      Parcel: L-SEE-6, Leeds, UT 84746
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.62 acres of residential land with freeway visibility.
    Where is this residential land & home lot located?
    The property is located at 376 S Main Street Leeds, UT.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 2.62 acres of land in Leeds, Utah.; Excellent freeway visibility off I‑15 Exit 22.; Zoned R‑R‑20 (Residential) offering development flexibility.
    (435) 229-2522
    We can help!
    Listing Contact
    SHELLEE Annette HAINES
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    376 S Main Street, Leeds, UT 84746
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!