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    2400 400 Tooele, UT 84074

    Sponsored
    For Sale
    $4,181,760

    Prime Tooele retail land, multiple lots available.

    Property size:
    727,888 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial real estate opportunity encompasses six acres of prime retail land in Tooele, Utah, located at 2400 N 400 E, zip code 84074. The total buildable area is 727,888 square feet, currently offered at an asking price of $4,181,760, translating to $16 per square foot. The property is zoned for retail use and is ideal for a variety of commercial developments. Flexible lot sizes are available, ranging from one acre to a maximum of 3.5 acres. Pricing varies depending on location within the six-acre parcel. Hard corner lots command a premium price of $18 per square foot, while lots situated east of Napa Auto Parts are priced at $12 per square foot. This multi-tenant property is offered with a triple net (NNN) lease structure. The property's strategic location in Tooele, Utah offers excellent visibility and accessibility, making it an attractive investment for developers seeking a high-return opportunity in a growing market. This is a rare chance to acquire a substantial land parcel in a desirable location, ready for immediate development. Contact us today to learn more about this exceptional opportunity.

    Property Features for 2400 400

    General Information

    Property type
    Individual retail properties
    Square Feet
    727,888 SF
    Lot Size
    261,360 SF

    HighLights

    • Six‑acre retail land parcel available in Tooele, UT.
    • Asking price: $4,181,760 ($16 PSF).
    • Hard corner lots: $18 PSF.
    • Lots east of Napa Auto Parts: $12 PSF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Deseret Peak Utah ... Church Of Jesus Christ Of Latter-Day Saints

    Suggested Use

    Realty agency Wholesale Shop Furniture Store Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.293504
    Latitude
    40.573032

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    FAQs

    What type of property is this?
    Individual retail property - Prime Tooele retail land, multiple lots available.
    Where is this individual retail property located?
    The property is located at 2400 400 Tooele, UT.
    What is the asking price?
    The asking price for this property is $4,181,760.
    What are key features of this property?
    This property features: Six-acre retail land parcel available in Tooele, UT.; Asking price: $4,181,760 ($16 PSF).; Hard corner lots: $18 PSF.
    Request Owner's contact information
    2400 400 Tooele, UT 84074
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    Tooele, UT 84074
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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
    2400 400 Tooele, UT 84074
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