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    2091 1500 Vernal, UT 84078

    For Sale
    $550,000

    9.7 Acres, Hwy 40 Retail Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 9.7-acre commercial property, located on Highway 40 in Vernal, Utah, presents a unique investment opportunity. The property includes a rental home, adding immediate potential income streams. Its strategic location on a major highway offers high visibility and accessibility, making it ideal for a variety of commercial ventures. The property is zoned commercial, allowing for diverse development possibilities. Currently utilized as residential, situated on a greenbelt, the land offers significant potential for redevelopment. The expansive acreage provides ample space for expansion or the creation of multiple commercial units. The tax ID number is 05:133:0016. This property is being sold as-is, and potential buyers are strongly encouraged to conduct their own due diligence to verify all information provided, including zoning regulations and potential development restrictions. The listed price reflects the current market value, based on an estimate. This is a rare opportunity to acquire a substantial commercial parcel with existing income potential in a growing Utah community. Serious inquiries only.

    Property Features for 2091 1500

    General Information

    Property type
    Retail properties
    Lot Size
    422,532 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernal
    County
    Uintah
    State
    Utah
    Longitude
    -109.499
    Latitude
    40.42521

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    FAQs

    What type of property is this?
    Retail property - 9.7 Acres, Hwy 40 Retail Opportunity
    Where is this retail property located?
    The property is located at 2091 1500 Vernal, UT.
    What is the asking price?
    The asking price for this property is $550,000.
    (435) 781-2500
    Request Owner's contact information
    2091 1500 Vernal, UT 84078
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    2091 1500
    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
    2091 1500 Vernal, UT 84078
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