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251 UT-112, Grantsville, UT 84029

Land for sale and retail/office space for lease.

Property Size50,670 SF
Lot Size12.51 Acres
Days on Market938

Property Features for 251 UT-112

General Information

Standard status Active
Size 50,670 SF
Class C
Lot size 12.51 Acres
Property subtype Office
Net Operating Income $84,619

Building Details

Year Built 1985
Stories 3
Listing Agency: Colliers - Pleasant Grove - Utah County, Utah
Listed By: Brandon Goodman · License #UT 9415570-SA00
Source: Crexi
Added: Feb 17, 2024 Changed: Sep 1 Last Checked: Sep 12 at 5:25AM

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 - Pleasant Grove - Utah County, Utah

Investment Insights

Based on property information with market context.

Available for sale are parcels ranging from 0.5 to 12.51 acres. Retail and office spaces are available for lease, ranging from 1,500 to 50,670 square feet. The property is surrounded by millions of square feet of industrial development. Retail and office spaces will be delivered in grey shell condition in Q3 2024. Land is for sale at $15 per square foot. Retail and office space is available for lease at the following rates: inline spaces at $26 per square foot NNN, end units at $30 per square foot NNN, drive-thru spaces at $34 per square foot NNN, and midbox/big box spaces at $16 per square foot NNN. The property is located at 251 UT-112, Grantsville, UT 84029.

Key Highlights

  • Located in an area surrounded by millions of square feet of industrial development.
  • Land available for sale (0.5 - 12.51 acres).
  • Retail/Office space available for lease (1,500 - 50,670 SF).

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 84029, UT

13,269
Population
4,045
Households
3.3
Avg Household Size
32
Median Age
23%
College-Educated
92%
High-School Grad
1,295.2 sq mi
ZIP Area
10
Density / Sq Mi
$97,330
Median Household Income
$49,261
Median Earnings
$1,062
Median Rent
$435,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Land for sale and retail/office space for lease.
Where is this commercial land located?
The property is located at 251 UT-112 Grantsville, UT.
What are key features of this property?
This property features: Located in an area surrounded by millions of square feet of industrial development.; Land available for sale (0.5 - 12.51 acres).; Retail/Office space available for lease (1,500 - 50,670 SF).
(801) 828-0349 Call to check price and availability
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