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    I-15 & 500 Fillmore, UT 84631

    For Sale
    $450,000

    High-traffic retail land, prime location.

    Property size:
    756,637 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 17.37-acre commercial land parcel presents a remarkable investment opportunity in Fillmore, Utah. Strategically located at the intersection of I-15 and 500 South, this property boasts high visibility and accessibility, making it ideal for a variety of retail developments. The expansive 756,637 square foot lot offers significant potential for large-scale projects. The asking price is $450,000, translating to a land value of $0.59 per square foot. Existing infrastructure is already in place, including readily available electricity, sewer, street access, water, gas, and phone/cable connections, significantly reducing development costs and timelines. This prime location in Millard County, Utah, with its zip code 84631, offers easy access to major transportation routes and a growing consumer base. The property's size and location make it an attractive proposition for developers seeking a high-impact retail development in a thriving area. This is a rare opportunity to acquire a substantial piece of land in a strategic location with excellent infrastructure, poised for significant return on investment. Don't miss this chance to secure a prominent position in the Fillmore retail market.

    Property Features for 0 I-15 & 500

    General Information

    Property type
    Individual retail properties
    Square Feet
    756,637 SF
    Lot Size
    756,637 SF

    HighLights

    • 17.37‑acre commercial land parcel in Fillmore, UT, at I‑15 and 500 South.
    • High‑visibility, 756,637 SF lot ideal for large‑scale retail development.
    • $450,000 asking price ($0.59/SF).
    • Existing utilities (electricity, sewer, water, gas, phone/cable) and street access.
    • Prime Millard County location (zip code 84631) with easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Fillmore
    County
    Millard
    State
    Utah
    Longitude
    -112.344637
    Latitude
    38.953061

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail land, prime location.
    Where is this individual retail property located?
    The property is located at I-15 & 500 Fillmore, UT.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 17.37-acre commercial land parcel in Fillmore, UT, at I-15 and 500 South.; High-visibility, 756,637 SF lot ideal for large-scale retail development.; $450,000 asking price ($0.59/SF).
    Request Owner's contact information
    I-15 & 500 Fillmore, UT 84631
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    Fillmore, UT 84631
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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
    I-15 & 500 Fillmore, UT 84631
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