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    400 Spanish Fork Pkwy Spanish Fork, UT 84660

    Sponsored
    For Sale
    Contact for pricing

    Six prime commercial lots in Spanish Fork, UT.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents six available lots in the rapidly growing Spanish Fork, Utah market, situated at Hwy 147 (400 N) Spanish Fork Parkway, zip code 84660. The property boasts a highly desirable location, less than a third of a mile from Maple Mountain High School, ensuring high visibility and accessibility. This area is experiencing significant growth, making it an ideal investment opportunity. A grocery store parcel is currently under contract, further solidifying the area's commercial viability. Five of the lots are specifically designed for drive-thru businesses, offering significant potential for various retail and fast-food establishments. Lot sizes and pricing vary: Pad 1 (0.71 acres) is priced at $35 per square foot

    Property Features for 400 Spanish Fork Pkwy

    General Information

    Property type
    Land

    HighLights

    • Excellent location, less than 1/3 mile from Maple Mountain High School.
    • High‑growth corridor.
    • Grocery‑anchored center under contract.
    • Five drive‑thru lots available (Pads 1‑5) and one additional pad (Pad 6).
    • Pad 1: 0.71 acres, $35/SF.
    • Pad 2: 0.75 acres, $35/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Clothing Store HVAC Service Garden Center Furniture Store Electronics Store Home Appliance Store Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.61133495461
    Latitude
    40.115461137584

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    FAQs

    What type of property is this?
    Land - Six prime commercial lots in Spanish Fork, UT.
    Where is this land located?
    The property is located at 400 Spanish Fork Pkwy Spanish Fork, UT.
    What are key features of this property?
    This property features: Excellent location, less than 1/3 mile from Maple Mountain High School.; High-growth corridor.; Grocery-anchored center under contract.
    (801) 995-0049
    Request Owner's contact information
    400 Spanish Fork Pkwy Spanish Fork, UT 84660
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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 Spanish Fork Pkwy Spanish Fork, UT 84660
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