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    506 E State Rd American Fork, UT 84003

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    For Sale
    $2,900,000

    Multi-tenant retail shopping center, 100% occupied, built in 2001.

    Property size:
    7,785 SF
    Lot size:
    0.66 Acres

    Property Features for 506 E State Rd

    General Information

    Size
    7,785 SF
    Lot size
    0.66 Acres

    Source: Colliers | Utah County Agent James Bullington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Shopping Center For Sale

    This retail shopping center, constructed in 2001, features a masonry block construction. The property has a total building size of approximately 7,785 square feet and is situated on a 0.66-acre site. The zoning is GC-1 General Commercial. The property is 100% occupied by multiple tenants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Similar Places Nearby

    Courtyard Plaza, Old Town

    Location Insight

    • Map
    • Local Demand
    City
    American Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.7849543
    Latitude
    40.3732067

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail shopping center, 100% occupied, built in 2001.
    Where is this shopping center located?
    The property is located at 506 E State Rd American Fork, UT.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - 100% Occupied - Multi-Tenant; - CAP Rate 5%; - Asking Price $3,075,000.00
    (801) 610-1300
    Request Owner's contact information
    506 E State Rd American Fork, UT 84003
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    American Fork, UT 84003
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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
    506 E State Rd American Fork, UT 84003
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