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    2000 Lakeview Pkwy Vineyard, UT 84058

    Sponsored
    For Sale
    $2,286,900

    Prime 1.75-acre retail lot, high growth.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.75-acre parcel presents a remarkable investment opportunity in Orem, Utah. Located on the northeast corner of Lakeview Parkway, this prime corner lot boasts a highly desirable location with excellent visibility and accessibility. The property is zoned for retail use, making it ideally suited for a variety of commercial developments. With a sales price of $30 per square foot, this land offers a compelling value proposition in a rapidly expanding area. The APN is 19:036:0132. The asking price for this strategically positioned property is $2,286,900. Its convenient location provides easy access to Provo High School and Provo Airport via Lakeview Parkway, ensuring high traffic volume and significant exposure to potential customers. Given the zoning and location, this site is particularly well-suited for uses such as a gas station or a food-related establishment. This is a rare opportunity to acquire a substantial piece of land in a thriving commercial corridor. The property's size and location make it an exceptional investment for developers seeking to capitalize on the area's robust growth and high demand for retail space. Don't miss this chance to secure a prime piece of real estate in Orem, Utah.

    Property Features for 2000 Lakeview Pkwy

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • Approx. 1.75 acres
    • Prime corner lot on Lakeview Parkway
    • Retail zoning
    • High‑growth Orem, UT location
    • Ideal for gas station or food service
    • Excellent visibility & access to Provo High School & Provo Airport
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vineyard
    County
    Utah
    State
    Utah
    Longitude
    -111.7495636
    Latitude
    40.2869605

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    FAQs

    What type of property is this?
    Land - Prime 1.75-acre retail lot, high growth.
    Where is this land located?
    The property is located at 2000 Lakeview Pkwy Vineyard, UT.
    What is the asking price?
    The asking price for this property is $2,286,900.
    What are key features of this property?
    This property features: Approx. 1.75 acres; Prime corner lot on Lakeview Parkway; Retail zoning
    (801) 702-4689
    Request Owner's contact information
    2000 Lakeview Pkwy Vineyard, UT 84058
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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
    2000 Lakeview Pkwy Vineyard, UT 84058
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