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High-Traffic Commercial Lot For Sale
For Sale
$3,600,000

384 S 500 E, American Fork, UT 84003

0.71-acre commercial lot in high-traffic area, suitable for various uses.

Property SizeContact for details
Lot Size0.71 Acres
Days on Market750

Property Features for 384 S 500 E

General Information

Standard status Active
Lot size 0.71 Acres
Property subtype Land
Listing Agency: Colliers International LLC (Wasatch)
Listed By: Dan Ford · License #5503930
Source: Exprealty
Added: Jul 15, 2024 Changed: Jul 6 Last Checked: Aug 3 at 5:26AM

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 International LLC (Wasatch)

Investment Insights

Based on property information with market context.

This 0.71-acre commercial lot is zoned GC-2 and situated in a high-traffic opportunity zone. The property is approved for a gas station, auto sales, and other uses. It benefits from 21,000 Average Daily Traffic (ADT) along 500 E and is located near the I-15 interchange, making it a versatile investment opportunity.

Key Highlights

  • Prime 0.71‑acre commercial lot in a high‑traffic area.
  • Zoned GC‑2, approved for gas station, auto sales, and more.
  • Located in an opportunity zone.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Restaurant Clothing & Fashion Store Veterinary Clinic

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

274
Businesses Nearby

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 0.71-acre commercial lot in high-traffic area, suitable for various uses.
Where is this commercial land located?
The property is located at 384 S 500 E American Fork, UT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Prime 0.71‑acre commercial lot in a high‑traffic area.; Zoned GC‑2, approved for gas station, auto sales, and more.; Located in an opportunity zone.
More about this property
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