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Automotive Property with Two Buildings
For Sale
$1,500,000

1291 E Hwy 40, Vernal, UT 84078

Separate structures currently support a car dealership operation.

Property Size7,922 SF
Price / SF$189.35
Days on Market34

Property Features for 1291 E Hwy 40

General Information

Standard status Active
Size 7,922 SF
Property subtype Commercial
Zoning Commercial, Industrial

Site & Location

Highway Access Yes
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Automotive Uses dealership/vehicle sales

Taxes and HOA fees

Annual Taxes $7,139

Amenities

Restroom: Private

Building Details

Year Built 1994
Buildings 2
Listing Agency: Coldwell Banker Farm and Home Realty, Inc (Vernal Branch)
Listed By: Jayanne W. Ivins · License #5486294
Source: Etzelonline
Added: Sep 21 Changed: Oct 23 Last Checked: Oct 23 at 4:43PM

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 Coldwell Banker Farm and Home Realty, Inc (Vernal Branch)

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Investment Insights

Based on property information with market context.

Two buildings totaling approximately 7,922 SF make up this automotive property at 1291 E Hwy 40 in Vernal. The main structure contains 5,130 SF, while the second building provides an additional 2,792 SF. The property was built in 1994 and is currently used as a car dealership; it previously operated as a tire store.

The site fronts Hwy 40 and carries Commercial and Industrial zoning designations.

Key Highlights

  • Two buildings totaling approximately 7,922 SF
  • Main building contains 5,130 SF; additional building contains 2,792 SF
  • Currently used as a car dealership; formerly operated as a tire store

Property Analytics

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Current Use

Automotive properties

Suggested Use

Top Pick HVAC Service Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Bakery Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby
131k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Shops & Services 32% Apparel 8% Home Improvements & Furnishings 6%
Five Below Shops & Services
21,168 visits/mo 0.3 miles
Wendy's Dining
17,549 visits/mo 0.4 miles
SONIC Drive In Dining
14,454 visits/mo 0.2 miles
Cafe Rio Mexican Grill Dining
14,152 visits/mo 0.2 miles
C-A-L Ranch Stores Shops & Services
13,177 visits/mo 0.3 miles

Demographics for 84078, UT

29,172
Population
11,222
Households
2.6
Avg Household Size
31
Median Age
18%
College-Educated
89%
High-School Grad
1,337.2 sq mi
ZIP Area
22
Density / Sq Mi
$71,230
Median Household Income
$36,374
Median Earnings
$907
Median Rent
$279,000
Median Home Value
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • U-Box at U-Haul — 1153 US-40, Vernal, UT 84078
  • Trailer Rental at U-Haul — 1153 US-40, Vernal, UT 84078
  • U-Haul Moving & Storage of Vernal — 1153 US-40, Vernal, UT 84078

Frequently Asked Questions

What type of property is this?
Automotive property - Separate structures currently support a car dealership operation.
Where is this automotive property located?
The property is located at 1291 E Hwy 40 Vernal, UT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two buildings totaling approximately 7,922 SF; Main building contains 5,130 SF; additional building contains 2,792 SF; Currently used as a car dealership; formerly operated as a tire store
More about this property
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