11-Bed Assisted Living
New
For Sale
$1,600,000
272 W 500 N, American Fork, UT 84003
Commercial Sale, American Fork, UT
Property Size3,704 SF
Lot Size0.32 Acres
Price / SF$431.97
Days on Market5
Property Features for 272 W 500 N
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
R17500
Subdivision
VALLEY VIEW, PLAT B
Standard status
Active
APN
54-092-0001
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
3862
Building Details
Year built
1994
Listing Agency:
Real Estate Essentials
(801) 610-9563
Listed By:
Nate Julian
(801) 259-5565
Added: Oct 9
Changed: Oct 12
Last Checked: Oct 13 at 5:06AM
MLS# 2190387
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Investment Insights
Based on property information with market context.
This 3,704-square-foot assisted living property has a single-level layout and 11 resident beds. Built in 1994, it is licensed for ALF 1 level of care. The existing assisted living use is conditionally legally conforming under R1 7500 zoning.
The property is at 272 W 500 N in American Fork, with access from 500 North. Four parking spaces are located on the east side of the property. The offering is part of a two-property assisted living portfolio that also includes a 9-unit facility in Pleasant Grove; the properties are not being offered separately.
The property is at 272 W 500 N in American Fork, with access from 500 North. Four parking spaces are located on the east side of the property. The offering is part of a two-property assisted living portfolio that also includes a 9-unit facility in Pleasant Grove; the properties are not being offered separately.
Key Highlights
- 11 resident beds; licensed for ALF 1 level of care
- 3,704 SF, single‑level building constructed in 1994
- R1 7500 zoning; existing use is conditionally legally conforming
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 84003, UT
52,970
Population
16,441
Households
3.2
Avg Household Size
29
Median Age
50%
College-Educated
96%
High-School Grad
73.6 sq mi
ZIP Area
720
Density / Sq Mi
$120,262
Median Household Income
$41,591
Median Earnings
$1,692
Median Rent
$580,600
Median Home Value
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Similar Off Market Nearby
- Stonehenge — St, American Fork, UT 84003
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- Dynasty Senior Care — 95 200 N, American Fork, UT 84003
- Beehive Homes — 272 W 500 N, American Fork, UT 84003
- Brightwork Living--The Villa on Fifth — 272 W 500 N, American Fork, UT 84003
Frequently Asked Questions
What type of property is this?
Assisted living facility - A single-level care facility licensed for ALF 1 service, with four on-site parking spaces.
Where is this assisted living facility located?
The property is located at 272 W 500 N American Fork, UT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 11 resident beds; licensed for ALF 1 level of care; 3,704 SF, single‑level building constructed in 1994; R1 7500 zoning; existing use is conditionally legally conforming
