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    269 1 St Wendover, UT 84083

    For Sale
    $475,000

    Prime 16-acre I-80 commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 15.93-acre commercial land parcel presents a unique investment opportunity in Wendover, Utah. Strategically located off Interstate 80, just across the Nevada border, this high-visibility site boasts significant advantages for developers. Currently generating $7,500 annually from two existing YESCO billboards, the property offers immediate revenue potential. An approved easement for a third billboard further enhances income prospects. The location, near bustling casinos and before a long stretch of highway to Elko, Nevada, makes it ideal for businesses such as gas stations, restaurants, or retail establishments. The property's accessibility and high traffic count ensure maximum exposure. Breathtaking scenic views add to the appeal. This is a rare chance to acquire a lucrative commercial property in a thriving area. The asking price is $475,000. The property is located at 269 1st St, Wendover, UT 84083, in Tooele County.

    Property Features for 269 1 St

    General Information

    Property type
    Land
    Lot Size
    693,911 SF

    HighLights

    • $475,000 asking price.
    • 15.93‑acre commercial land parcel.
    • Located in Wendover, UT, near I‑80 off‑ramp.
    • High visibility and accessibility.
    • Generates $7,500 annual income from two billboards, with potential for a third.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wendover
    County
    Tooele
    State
    Utah
    Longitude
    -114.042644
    Latitude
    40.739056

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    FAQs

    What type of property is this?
    Land - Prime 16-acre I-80 commercial lot
    Where is this land located?
    The property is located at 269 1 St Wendover, UT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; 15.93-acre commercial land parcel.; Located in Wendover, UT, near I-80 off-ramp.
    (801) 358-0970
    Request Owner's contact information
    269 1 St Wendover, UT 84083
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    Wendover, UT 84083
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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
    269 1 St Wendover, UT 84083
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