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    1400 Springville Exit Springville, UT 84663

    Sponsored
    For Sale
    $1,500,000

    Prime 3.22-acre commercial lot, freeway adjacent.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.22-acre commercial land parcel presents a unique investment opportunity in Springville, Utah. Located at 1400 N Springville Exit, this property boasts unparalleled visibility due to its freeway adjacency. The asking price is $1,500,000, translating to a land value of $10.69 per square foot. With a total area of 140,263 square feet, this site is ideally suited for a variety of commercial developments. Its strategic location in Springville, Utah County, zip code 84663 (latitude 40.1876919, longitude -111.631063), offers easy access to major transportation routes and a thriving local market. The property's size and high visibility make it an attractive prospect for businesses seeking a prominent presence in a rapidly growing area. This is a rare opportunity to acquire a significant commercial land parcel in a prime location with exceptional potential for future development and strong return on investment. Serious inquiries are encouraged.

    Property Features for 1400 Springville Exit

    General Information

    Property type
    Land
    Lot Size
    140,263 SF

    HighLights

    • 3.22‑acre commercial land parcel in Springville, UT.
    • High visibility due to freeway adjacency at 1400 N Springville Exit.
    • Asking price: $1,500,000, land value: $10.69/sqft.
    • 140,263 square feet (140,263 RBA).
    • Located in Springville, UT County, zip code 84663.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springville
    County
    Utah
    State
    Utah
    Longitude
    -111.631063
    Latitude
    40.1876919

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    FAQs

    What type of property is this?
    Land - Prime 3.22-acre commercial lot, freeway adjacent.
    Where is this land located?
    The property is located at 1400 Springville Exit Springville, 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: 3.22-acre commercial land parcel in Springville, UT.; High visibility due to freeway adjacency at 1400 N Springville Exit.; Asking price: $1,500,000, land value: $10.69/sqft.
    (801) 318-5247
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    1400 Springville Exit Springville, UT 84663
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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
    1400 Springville Exit Springville, UT 84663
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