Listing Agency: Colliers - Pleasant Grove - Utah County, Utah j***@cbcadvisors.com Show Phone

Listed By: Jarrod Hunt · License #UT 5485547-SA00

Source: Crexi

Added: Jun 6, 2024 Changed: Aug 17 Last Checked: Aug 28 at 2:05PM

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Investment Insights

Based on property information with market context.

Two 5.7 acre parcels of undeveloped land are available for sale in Spanish Fork, Utah. The land is situated in an area projected for major industrial growth in the upcoming years. The location provides access to I-15 and nearby Spanish Fork amenities. The land is planned for RA-5 zoning. The area has experienced residential and commercial expansion in the past 5 years.

Key Highlights

• Two 5.7 acre parcels of undeveloped land available
• Located in an area projected for major industrial growth
• Great access to I‑15

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Garden Center Big Box & Wholesale Store Home Appliance Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9

Businesses Nearby

Explore this area Business Placement

Demographics for 84660, UT

45,959

Population

13,162

Households

3.5

Avg Household Size

28

Median Age

38%

College-Educated

94%

High-School Grad

362.2 sq mi

ZIP Area

127

Density / Sq Mi

$98,398

Median Household Income

$40,509

Median Earnings

$1,393

Median Rent

$452,100

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Two 5.7 acre parcels in area projected for growth.

Where is this industrial land located?

The property is located at 5560 S 1450 W Spanish Fork, UT.

What are key features of this property?

This property features: Two 5.7 acre parcels of undeveloped land available; Located in an area projected for major industrial growth; Great access to I‑15