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    700 Bitner Rd Park City, UT 84098

    Sponsored
    For Sale
    $3,500,000

    3.5 Acres, 3600 SF Building, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.5-acre mixed-use property at 700 Bitner Rd, Park City, UT 84098, presents a unique investment opportunity. The site boasts a 3,600 square foot, one-story office building with a paved parking area, complemented by several sheds located to the east. A tranquil pond and wetlands area are situated on the eastern portion of the property. The land itself is relatively flat with a gentle northward slope. Access is provided via Bitner Road, a two-lane paved road running along the property's southern boundary, and an unpaved road to the north. The property's strategic location offers convenient access to Kimball Junction, just minutes away, and Park City's renowned ski resorts within a 20-minute drive. Salt Lake City International Airport is also easily accessible, approximately 35 minutes away. Neighboring properties include a townhome development to the east and a fire station to the west. The property's commercial zoning is conditional, allowing for a variety of development possibilities. Currently utilized as commercial space, this versatile property offers significant potential for future development and expansion. The asking price is $3,500,000.

    Property Features for 700 Bitner Rd

    General Information

    Property type
    Land

    HighLights

    • Close proximity to Kimball Junction and Park City ski resorts (20‑minute drive).
    • 35‑minute drive to Salt Lake City International Airport.
    • Versatile development potential with multiple use options.
    • Currently operating as commercially zoned space (conditional use permit).
    Property Profile Location Intelligence

    Current Use by Public Records

    Hot Rod & Yox ... Hvac Contractor Healing Hands Chiropractic Chiropractor Nancy Pollard, LCSW Social Worker Whitney Hebbert Counselor Mountain Sprouts Children’s ... Child Care Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park City
    County
    Summit
    State
    Utah
    Longitude
    -111.5237143
    Latitude
    40.7233469

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    FAQs

    What type of property is this?
    Land - 3.5 Acres, 3600 SF Building, Prime Location
    Where is this land located?
    The property is located at 700 Bitner Rd Park City, UT.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Close proximity to Kimball Junction and Park City ski resorts (20-minute drive).; 35-minute drive to Salt Lake City International Airport.; Versatile development potential with multiple use options.
    Request Owner's contact information
    700 Bitner Rd Park City, UT 84098
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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
    700 Bitner Rd Park City, UT 84098
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