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    1650 State St Pleasant Grove, UT 84062

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Land, Build-to-Suit Options

    Lot size:
    4,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail land opportunity in Pleasant Grove, Utah, presents five build-to-suit (BTS) pads and shop spaces, ideal for fast food, quick-service restaurants (QSR), and other retail uses. Located at 1650 W State St, 84062, this property boasts a highly visible location on a hard-signalized corner lot, ensuring maximum exposure to significant State Road traffic. The available lots offer a range of sizes: Lot 1 (4,400 sq ft), Lot 2 (1,700 sq ft), Lot 3 (4,200 sq ft), Lot 4 (3,500 sq ft), and Lot 5 (1.06 acres). All pads benefit from the strategic placement between two signalized intersections, maximizing visibility and accessibility. This development is situated in a thriving commercial area, surrounded by established businesses including Walmart, Kneaders Bakery & Cafe, Express Oil Change, Murphy USA, Crust Club, Soda Time, Popeyes, and Seven Bros. The property is offered for sale and ground lease options are available. This is a rare opportunity to secure a prime retail location in a high-traffic area with strong existing tenant synergy. The single-tenancy lots provide flexibility for various retail concepts. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 1650 State St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,400 SF

    Unit(s) available at that property

    Space
    Size
    4,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pleasant Grove
    County
    Utah
    State
    Utah
    Longitude
    -111.76005749216
    Latitude
    40.368157124604

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Land, Build-to-Suit Options
    Where is this restaurant located?
    The property is located at 1650 State St Pleasant Grove, UT.
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    1650 State St Pleasant Grove, UT 84062
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    Pleasant Grove, UT 84062
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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
    1650 State St Pleasant Grove, UT 84062
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