Listing Agency: Newmark Mountain West

Listed By: Robert Kingsford · License #UT 6561557-SA00

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:27PM

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Investment Insights

Based on property information with market context.

This industrial property includes an industrial building with an associated yard area. The asset is positioned along East Highway 40 in Vernal, Utah, with an address of 1020 East Highway 40, Vernal, UT 84078.

Key Highlights

• Industrial building with yard area
• Located at 1020 East Highway 40
• Vernal, UT 84078

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick HVAC Service Pharmacy Dental Office Garden Center Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313

Businesses Nearby

Explore this area Business Placement

Demographics for 84078, UT

29,172

Population

11,222

Households

2.6

Avg Household Size

31

Median Age

18%

College-Educated

89%

High-School Grad

1,337.2 sq mi

ZIP Area

22

Density / Sq Mi

$71,230

Median Household Income

$36,374

Median Earnings

$907

Median Rent

$279,000

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property offering a building and yard area along East Highway 40.

Where is this industrial property located?

The property is located at 1020 East Highway 40 Vernal, UT.

What are key features of this property?

This property features: Industrial building with yard area; Located at 1020 East Highway 40; Vernal, UT 84078