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Ground-Leased Commercial Land

1495 W STATE RD, Pleasant Grove, UT 84062

For Sale
New
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The site sits within a Walmart-anchored retail development and has an existing ground lease.

Property SizeContact for details
Days on Market5

Property Features for 1495 W STATE RD

General Information

Standard status Active
Property subtype Retail, Land
Listing Agency: Colliers - Salt Lake City, Utah
Listed By: Nate Runnells · License #13253945-SA00
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 3:20PM

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 Colliers - Salt Lake City, Utah

Rey
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Investment Insights

Based on property information with market context.

Commercial land in a Walmart-anchored retail development is subject to a ground lease. The lease began with a 15-year term, with 11 years remaining.

Key Highlights

  • Walmart‑anchored retail development
  • Ground lease with 11 years remaining on the original 15‑year term

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,110
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 45% Dining 33% Shops & Services 17% Electronics 2%
Macey's Groceries
35,839 visits/mo 0.3 miles
Walmart Neighborhood Market Groceries
34,311 visits/mo 0.4 miles
Panda Express Dining
14,015 visits/mo 0.3 miles
Costa Vida Dining
13,656 visits/mo 0.3 miles
Kneaders Bakery & Cafe Dining
11,317 visits/mo 0.3 miles

Demographics for 84062, UT

47,771
Population
14,649
Households
3.3
Avg Household Size
28
Median Age
43%
College-Educated
96%
High-School Grad
50.7 sq mi
ZIP Area
942
Density / Sq Mi
$101,584
Median Household Income
$41,079
Median Earnings
$1,617
Median Rent
$479,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Utah County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

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

Frequently Asked Questions

What type of property is this?
Commercial land - The site sits within a Walmart-anchored retail development and has an existing ground lease.
Where is this commercial land located?
The property is located at 1495 W STATE RD Pleasant Grove, UT.
What are key features of this property?
This property features: Walmart‑anchored retail development; Ground lease with 11 years remaining on the original 15‑year term
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