Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    980 Main St Tremonton, UT 84337

    Sponsored
    For Sale
    $375,000

    Prime Location, High Visibility, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    355
    This exceptional retail property, located at 980 Main Street in Tremonton, Utah, presents a fantastic opportunity for business owners. The single-story building boasts 1,495 square feet of versatile space, ideal for a variety of commercial uses. Its prime location is directly diagonal from Maverick and across from the fairgrounds, ensuring high visibility and significant foot traffic. The interior features a full kitchen, an open floor plan conducive to various layouts, and two customer bathrooms, adding convenience and functionality. The property sits on a sizable 0.28-acre lot, offering ample space for expansion, outdoor seating, or additional development. The building's layout is adaptable to suit diverse business needs, making it an attractive option for both new ventures and established businesses seeking to expand. While interior showings and photographs will not be available until early February (exact date to be determined), the property's exterior and location alone speak volumes about its potential. All information provided is subject to verification by the buyer. This is a rare opportunity to acquire a highly visible and versatile commercial property in a thriving location. Don't miss out!

    Property Features for 980 Main St

    General Information

    Property type
    Retail properties
    Lot Size
    12,197 SF

    We can help!

    Listing Contact
    Amy Rupp

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Taqueria Elcazador Mexican ... Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tremonton
    County
    Box Elder
    State
    Utah
    Longitude
    -112.1806
    Latitude
    41.71156

    Nearby Comparable

    • $7,143,840

      Tremonton Industrial Land for Sale

      20.5 acre industrial land with utilities and rail access.
      600 W 1000 N, Tremonton, UT 84337
      View Details
    • Contact for pricing
      20.50 Acres

      Tremonton Industrial Land - 20.5 Acres

      Prime Industrial Land, Rail Access, Utah
      600 1000, Tremonton, UT 84337
      View Details
    • $2,178,000

      Tremonton Industrial Land Available

      Industrial land in Tremonton, near I-15 and major businesses.
      1135 N 1000 W, Tremonton, UT 84337
      View Details
    • Contact for pricing
      10.00 Acres

      Tremonton Industrial Land - 10 Acres

      Prime 10-acre commercial/industrial lot.
      1135 1000, Tremonton, UT 84337
      View Details
    • $255,000
      1,022 SF

      New Townhome with Granite Countertops

      New 2-bedroom, 1.5-bathroom townhome featuring granite countertops.
      320 N 2650 W, Tremonton, UT 84337
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in new grocery-anchored center.
      1113 W Main St, Tremonton, UT 84337
      View Details
    • $2,400,000
      26.38 Acres

      Garland Industrial Land - 26 Acres

      Prime Garland industrial land, development opportunity.
      1090 Factory St, Garland, UT 84312
      View Details
    • $29,900,000

      436 Acres Prime Land Available

      Prime land with flat topography and extensive frontage.
      7600 W 6800 N, Tremonton, UT 84337
      View Details

    Nearby Similar for Sale

    • $255,000
      1,022 SF

      New Townhome with Granite Countertops

      New 2-bedroom, 1.5-bathroom townhome featuring granite countertops.
      320 N 2650 W, Tremonton, UT 84337
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Location, High Visibility, Endless Potential
    Where is this retail property located?
    The property is located at 980 Main St Tremonton, UT.
    What is the asking price?
    The asking price for this property is $375,000.
    (435) 770-5190
    Request Owner's contact information
    980 Main St Tremonton, UT 84337
    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.
    980 Main St
    Tremonton, UT 84337
    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
    980 Main St Tremonton, UT 84337
    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

    We can help!
    Listing Contact
    Amy Rupp
    (435) 770-5190
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.