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    400 Main St Tooele, UT 84074

    For Sale
    $1,700,000

    1.91 acres, Main Street frontage, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.91-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Tooele, Utah. Located at 400 N Main St, this property boasts unparalleled visibility and accessibility due to its prime location along Main Street, a thoroughfare with a high average daily traffic count of 32,000 vehicles. The expansive lot size offers significant development potential for a wide range of commercial ventures. Its strategic position ensures maximum exposure to a substantial daily traffic volume, making it ideal for businesses seeking high visibility and convenient access for customers. The property is situated in Tooele County, Utah, with a zip code of 84074. The asking price for this exceptional commercial land is $1,700,000. This represents a unique chance to acquire a significant piece of commercial real estate in a rapidly growing area with strong potential for future appreciation. The property's size and location make it an attractive proposition for developers and investors alike, offering a solid foundation for a successful commercial undertaking. Don't miss this opportunity to secure a prime piece of Tooele's commercial landscape.

    Property Features for 400 Main St

    General Information

    Property type
    Land
    Lot Size
    83,200 SF

    HighLights

    • 1.91‑acre commercial land parcel in Tooele, Utah.
    • Located at 400 N Main St, with high visibility and accessibility due to 32,000+ daily traffic count.
    • Significant development potential for various commercial ventures.
    • Asking price: $1,700,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Clothing Store Department Store Dental Office Electrical Service Home Appliance Store Plumbing Service HVAC Service Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.29837008984
    Latitude
    40.538811748544

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    FAQs

    What type of property is this?
    Land - 1.91 acres, Main Street frontage, high visibility.
    Where is this land located?
    The property is located at 400 Main St Tooele, UT.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 1.91-acre commercial land parcel in Tooele, Utah.; Located at 400 N Main St, with high visibility and accessibility due to 32,000+ daily traffic count.; Significant development potential for various commercial ventures.
    (801) 783-7299
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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 Main St Tooele, UT 84074
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