220 Main St Tooele, UT 84074-1650
This exceptional 0.63-acre commercial property in Tooele, Utah, presents a unique investment opportunity. Situated at 220 South Main Street, this land boasts 77 feet of frontage and a depth of 356 feet, offering significant development potential. The property is zoned for Mixed Use, allowing for a variety of commercial and residential applications, including compatible businesses, professional offices, and limited commercial uses. Its strategic location across from established businesses like Taco Time and Arby's ensures high visibility and accessibility. The high traffic count on Main Street, with an ADT of 15,873 (2020), further enhances its commercial viability. The asking price is $750,000, translating to a land value of $27.33 per square foot. This offering includes the potential for developing three townhouse lots (1500-1800 sq ft units each, priced at $90,000 per unit) along 50 West, and a separate lot along Main Street suitable for a 5,800 sq ft retail or office building, priced at $250,000. The total buildable square footage across all potential developments is 27,443 square feet. This property is ideally suited for developers or investors seeking a high-traffic, mixed-use location in a growing Utah community. The address is 220 S Main St, Tooele, UT 84074.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.