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    400 1750 Springville, UT 84663

    Sponsored
    For Sale
    $6,782,292

    120,104 SF Retail Center, High-Traffic Location

    Property size:
    120,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail property, the Springville Power Center, presents a compelling investment opportunity. Located at 400 S 1750 W in Springville, Utah (zip code 84663), this 120,104 square foot strip center sits on a substantial 10.38-acre lot. Boasting excellent visibility from 400 South, the property benefits from its strategic location directly across from a top-performing Walmart Supercenter in Utah, ensuring high foot traffic and brand recognition. Easy access from Interstate 15 further enhances its accessibility and appeal to both customers and employees. The single-story building offers significant potential for a variety of retail uses. The seller is open to exploring various transaction structures, including outright sale, lease options, or build-to-suit arrangements. The asking price is $6,782,292, translating to $15 per square foot. This property is situated in a rapidly growing area of Utah County, making it an ideal investment for those seeking strong returns in a thriving market. The property's size and location make it a rare and attractive opportunity in the Springville retail market.

    Property Features for 400 1750

    General Information

    Property type
    Neighborhood centers
    Square Feet
    120,104 SF
    Class
    A
    Lot Size
    452,153 SF

    Building Details

    Stories
    1

    HighLights

    • 10.38‑acre retail development site.
    • High visibility from 400 South.
    • Located across from a high‑performing Walmart Supercenter.
    • Easy I‑15 access.
    • Seller will consider sale, lease, or build‑to‑suit options.
    • Located in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Utah
    State
    Utah
    Longitude
    -111.6423806
    Latitude
    40.1529363

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    FAQs

    What type of property is this?
    Neighborhood center - 120,104 SF Retail Center, High-Traffic Location
    Where is this neighborhood center located?
    The property is located at 400 1750 Springville, UT.
    What is the asking price?
    The asking price for this property is $6,782,292.
    What are key features of this property?
    This property features: 10.38-acre retail development site.; High visibility from 400 South.; Located across from a high-performing Walmart Supercenter.
    Request Owner's contact information
    400 1750 Springville, UT 84663
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    Springville, UT 84663
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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
    400 1750 Springville, UT 84663
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