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    2720 2720 St. George, UT 84790

    Sponsored
    For Sale
    $635,960

    Prime Restaurant Site, High Traffic Area, UT

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.73-acre commercial land parcel, located at 2720 E in St. George, Utah (zip code 84790), presents a remarkable opportunity for development. Zoned for commercial use (APN: SG-ESGC-4-A), this property boasts a highly desirable location within a busy traffic corridor, surrounded by established national retailers. Neighbors include Wendy's, Comfort Inn, Costco, Shoppes at Telegraph Square, and CAL Ranch, ensuring high visibility and significant foot traffic. The property is owned by The Alta Companies and is offered at an asking price of $635,960. A shared parking agreement is in place, adding convenience and value to this already prime location. Its ideal characteristics make it particularly well-suited for a restaurant, offering significant potential for a thriving business. The property's strategic placement within this established commercial area promises strong returns on investment. This is a rare opportunity to acquire a highly visible and accessible lot in a rapidly growing market. Serious inquiries are encouraged.

    Property Features for 2720 2720

    General Information

    Property type
    Land
    Lot Size
    31,799 SF

    HighLights

    • High‑traffic corner location with excellent visibility.
    • Strong co‑tenancy including Wendy's, Comfort Inn, Costco, Shoppes at Telegraph Square, and CAL Ranch.
    • Ideal restaurant site with existing shared parking agreement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    St. George
    County
    Washington
    State
    Utah
    Longitude
    -113.52825238288
    Latitude
    37.124491211297

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    FAQs

    What type of property is this?
    Land - Prime Restaurant Site, High Traffic Area, UT
    Where is this land located?
    The property is located at 2720 2720 St. George, UT.
    What is the asking price?
    The asking price for this property is $635,960.
    What are key features of this property?
    This property features: High-traffic corner location with excellent visibility.; Strong co-tenancy including Wendy's, Comfort Inn, Costco, Shoppes at Telegraph Square, and CAL Ranch.; Ideal restaurant site with existing shared parking agreement.
    Request Owner's contact information
    2720 2720 St. George, UT 84790
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    2720 2720
    St. George, UT 84790
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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
    2720 2720 St. George, UT 84790
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