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    2888 S 4 Mile Rd Nephi, UT

    For Sale
    $4,200,000

    Commercial land with highway frontage suitable for various businesses.

    Lot size:
    37.20 Acres

    Property Features for 2888 S 4 Mile Rd

    General Information

    Lot size
    37.20 Acres

    Source: Mountain West - Corporate Agent Bill Street

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

    Overview

    Commercial Land on Main Street

    This commercial land is available for sale in its entirety or in part. The property features over 2,000 feet of frontage on Main Street. It is zoned Highway Commercial, which permits a range of uses including automotive sales, shopping centers, hotels and motels, restaurants, and convenience stores.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Nephi
    County
    Juab
    State
    Utah
    Longitude
    -111.8363216
    Latitude
    39.7102336

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with highway frontage suitable for various businesses.
    Where is this commercial land located?
    The property is located at 2888 S 4 Mile Rd Nephi, UT.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Over 2,000 feet of Main Street frontage; - Zoned Highway Commercial; - Permitted uses include automotive sales, shopping centers, hotel/motel, restaurants, convenience stores
    (801) 456-8800
    Request Owner's contact information
    2888 S 4 Mile Rd Nephi, UT
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    Nephi, UT
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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
    2888 S 4 Mile Rd Nephi, UT
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