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    2396 Highway 40 Vernal, UT 84078

    For Sale
    Contact for pricing

    4.8 Acres, Hwy 40 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.8-acre commercial land parcel presents a remarkable investment opportunity in Vernal, Utah. Located at 2396 W Hwy 40, this property boasts significant highway frontage, ensuring high visibility and accessibility for any commercial venture. Its strategic location places it in close proximity to major retailers and restaurants, including Sportsman's Warehouse, Lowe's, and Walmart, guaranteeing substantial foot traffic and brand recognition. The APN is 05-099-0007, and the property is zoned for commercial use (specific zoning details should be verified independently). This lot is currently undergoing a split from the Comfort Inn, and the final size and price will be determined upon completion of the division. The property's substantial size offers ample space for development, allowing for flexibility in design and functionality to suit a variety of commercial uses. Given its prime location and high visibility, this land parcel represents a rare opportunity to establish a thriving business in a rapidly growing area. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended purpose. The final price will be determined upon completion of the lot split. Contact for details.

    Property Features for 2396 Highway 40

    General Information

    Property type
    Land
    Lot Size
    209,088 SF

    HighLights

    • Land parcel, size and price to be determined, resulting from Comfort Inn lot split.
    • 4.8‑acre lot (approx.).
    • High‑visibility highway frontage, near Sportsman's Warehouse.
    • Excellent location near Lowe's, Walmart, and other retail and restaurants.
    • Contact agent for pricing and details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernal
    County
    Uintah
    State
    Utah
    Longitude
    -109.575035
    Latitude
    40.43263

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    FAQs

    What type of property is this?
    Land - 4.8 Acres, Hwy 40 Frontage
    Where is this land located?
    The property is located at 2396 Highway 40 Vernal, UT.
    What are key features of this property?
    This property features: Land parcel, size and price to be determined, resulting from Comfort Inn lot split.; 4.8-acre lot (approx.).; High-visibility highway frontage, near Sportsman's Warehouse.
    Request Owner's contact information
    2396 Highway 40 Vernal, UT 84078
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    Vernal, UT 84078
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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
    2396 Highway 40 Vernal, UT 84078
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