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    8400 Commerce Dr Lake Point, UT 84074

    Sponsored
    For Sale
    Contact for pricing

    Prime Utah commercial lots, I-80 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a rare opportunity to acquire prime real estate in the thriving Lake Point, Utah market. Located at 8400 N Commerce Dr, Lake Point, UT 84074, this property boasts several lots ranging from 1.39 to 5.38 acres, all zoned C-G (Commercial General) within Tooele County. All necessary improvements have been completed, with utilities conveniently stubbed to each lot, ensuring a seamless development process. The property enjoys unparalleled visibility from the highly trafficked I-80 and SR-36, providing exceptional exposure for any commercial venture. Its strategic location offers easy access to both Salt Lake County and Tooele Valley, enhancing its appeal and accessibility. Furthermore, the property's proximity to key transportation hubs is a significant advantage

    Property Features for 8400 Commerce Dr

    General Information

    Property type
    Land
    Lot Size
    60,548 SF

    HighLights

    • Commercial lots ranging from 1.39 to 3.22 acres available.
    • Tooele County C‑G (Commercial General) zoning.
    • Fully improved lots with utilities stubbed.
    • High visibility from I‑80 and SR‑36.
    • Easy access to Salt Lake County and Tooele Valley.
    • 19‑minute drive to Salt Lake International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Point
    County
    Tooele
    State
    Utah
    Longitude
    -112.2734551
    Latitude
    40.6813862

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    FAQs

    What type of property is this?
    Land - Prime Utah commercial lots, I-80 visibility.
    Where is this land located?
    The property is located at 8400 Commerce Dr Lake Point, UT.
    What are key features of this property?
    This property features: Commercial lots ranging from 1.39 to 3.22 acres available.; Tooele County C-G (Commercial General) zoning.; Fully improved lots with utilities stubbed.
    Request Owner's contact information
    8400 Commerce Dr Lake Point, UT 84074
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    Lake Point, UT 84074
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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
    8400 Commerce Dr Lake Point, UT 84074
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