Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1270 E Main St Price, UT 84501

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial lot in high traffic location on Main Street.

    Type:Land
    Added:
    Oct 16, 2020
    Days on Market:
    2025
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 1270 E Main St

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Mike Metzger

    Listing agent Mike Metzger License #UT 5488744-AB00

    Listing office Bridge Realty

    Listing date Oct 16, 2020

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Bridge Realty

    Overview

    High Traffic Commercial Lot

    This commercial lot is situated in a high-traffic location on Main Street. It is one of the few remaining commercial lots on Main Street. Utilities are located in the street, and the buyer is responsible for verifying their availability. Both 220 and 115 volt power are available. The buyer is responsible for verifying the lot size and zoning requirements. Taxes are to be determined by the buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Price
    County
    Carbon
    State
    Utah
    Longitude
    -110.7928725
    Latitude
    39.5978944

    Nearby Similar for Sale

    • $425,000

      Price, Utah Commercial Building

      Centrally located commercial building suitable for various uses.
      60 E 100 N, Price, UT 84501
      View Details
    • $1,900,000

      Prime Commercial Land For Sale

      5+ acre commercial land ideal for travel center/truck stop.
      8095 E US-6, Price, UT 84501
      View Details
    • $200,000

      Prime Commercial Parcel in Price

      2-acre commercial parcel with building supplies off Highway 10.
      3265 Highway 10, Price, UT 84501
      View Details
    • $49,500

      Land in Price Riverview

      Two side-by-side parcels totaling 0.28 acres in Price, Utah.
      820 S 500 E unit: 4,5, Price, UT 84501
      View Details
    • $199,000

      Approved Townhome Development Land

      Approved 14-unit townhome development land for sale.
      135 N 600 W, Price, UT 84501
      View Details
    • $724,000

      72.41 Acres Development Opportunity

      72.41 acres for development in Price, Utah.
      1111 Off of Hwy 10, Price, UT 84501
      View Details
    • $2,200,000
      8,704 SF

      Wellington Multifamily Investment Opportunity

      Multifamily property on 0.80 acres with strong rental income.
      102 W 250 S, Price, UT 84501
      View Details
    • $100,000

      Residential Land in Price, UT

      1.38 acres of land ready for development in Price.
      Price, UT 84501
      View Details
    • $2,600,000

      Price UT Development Opportunity

      19-acre development opportunity with existing building and utilities.
      1615 E 1000 S, Price, UT
      View Details
    • $775,000
      7,240 SF

      Price, UT Warehouse For Sale

      7,240 SF warehouse/industrial property in Price, UT.
      3287 S 125 W, Price, UT
      View Details
    • $230,000

      Land For Sale

      Land available for purchase in Price, Utah.
      2866 S 300 W, Price, UT 84501
      View Details
    • $800,000
      20,149 SF

      Former J.C. Penney Building

      20,149 SF building on Main Street in Price, Utah.
      78 E Main St, Price, UT
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot in high traffic location on Main Street.
    Where is this commercial land located?
    The property is located at 1270 E Main St Price, UT.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: High traffic location on Main St.; One of the few remaining commercial lots on Main St.; 220 & 115 volt electrical service available.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Metzger
    Real Estate License ID: UT 5488744-AB00
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    1270 E Main St, Price, UT 84501

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!