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    1000 W Tooele, UT 84074

    For Sale
    $5,155,326

    Prime 39-acre commercial/industrial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 39.45-acre parcel in Tooele, Utah, presents a remarkable opportunity for mixed-use commercial and industrial development. Located at W 1000 N, 84074, in Tooele County, this property boasts desirable R&D zoning, allowing for a diverse range of uses including flex space, retail, light industrial, and office space. The asking price is $5,155,326, translating to a land value of $3 per square foot. The site benefits from its strategic location on the edge of residential development, seamlessly blending into the existing industrial landscape. Its proximity to the yet-to-be-fully-developed MidValley Highway further enhances its potential for future growth and accessibility. Parcel ID 02-002-0-0049. This property represents a significant investment opportunity in a rapidly developing area, offering substantial returns for forward-thinking developers. The versatile zoning and prime location make this a truly exceptional offering for those seeking a high-impact commercial or industrial project. The property's size and zoning flexibility provide ample room for creative development plans, catering to a wide range of business needs. This is a rare chance to acquire a large, well-situated parcel in a thriving Utah community.

    Property Features for 1000 W

    General Information

    Property type
    Land
    Lot Size
    1,718,442 SF

    HighLights

    • 39.45‑acre site.
    • $3.00 per square foot sale price.
    • Parcel ID: 02‑002‑0‑0049.
    • R&D zoning; allows retail, office, flex, commercial, and light industrial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.3076114
    Latitude
    40.5509559

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    FAQs

    What type of property is this?
    Land - Prime 39-acre commercial/industrial lot.
    Where is this land located?
    The property is located at 1000 W Tooele, UT.
    What is the asking price?
    The asking price for this property is $5,155,326.
    What are key features of this property?
    This property features: 39.45-acre site.; $3.00 per square foot sale price.; Parcel ID: 02-002-0-0049.
    Request Owner's contact information
    1000 W 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
    1000 W Tooele, UT 84074
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