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    55 400 Vernal, UT 84078

    Sponsored
    For Sale
    $350,000

    Charming Office Building, Great Potential, 0.3 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercially zoned property at 55 400, Vernal, UT, presents a unique investment opportunity. Priced at $350,000, this charming building offers significant potential for various uses. The main level boasts convenient handicap accessibility via a rear entrance. A significant advantage is the property's prime location, situated near Main Street, ensuring high visibility and accessibility. The property includes a substantial 0.3-acre lot, providing ample parking space behind the building and adjacent to the two-car garage. This garage is a versatile space, fully carpeted and insulated, complete with its own HVAC system, making it ideal for additional office space or storage. Adding to the property's appeal is a fully functional basement apartment, featuring two bedrooms and one bathroom, with two separate exterior access points. This apartment offers additional income potential or could serve as staff housing. The square footage is available upon request. All information provided is deemed reliable but not guaranteed

    Property Features for 55 400

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    13,068 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Split Mountain Insurance-American ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernal
    County
    Uintah
    State
    Utah
    Longitude
    -109.5296
    Latitude
    40.46148

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    FAQs

    What type of property is this?
    Office Property / Space - Charming Office Building, Great Potential, 0.3 Acres
    Where is this office property / space located?
    The property is located at 55 400 Vernal, UT.
    What is the asking price?
    The asking price for this property is $350,000.
    (435) 790-2589
    Request Owner's contact information
    55 400 Vernal, UT 84078
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    Vernal, UT 84078
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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
    55 400 Vernal, UT 84078
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