Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2134 3000 Daniel, UT 84032
    Back to Search
    Property profile & analytics

    2134 3000, Daniel, UT 84032

    View on Map
    • Land
    • 29.14 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2134 3000

    Lot size
    29.14 lot acres
    Property type
    Land

    Description

    This exceptional 29.14-acre commercial land parcel presents a unique investment opportunity in Heber City, Utah. Located at 2134 W 3000 S, this property boasts significant highway frontage along Highway 189, offering unparalleled visibility and accessibility. The site comprises four parcels, strategically positioned adjacent to the only signalized intersection between Heber City and Orem, ensuring high traffic volume and exposure. A portion of the land is already zoned for commercial use, streamlining the development process. Furthermore, an interlocal agreement is in place to facilitate sewer access to the site, eliminating a significant hurdle in development. This property is ideal for a variety of commercial ventures, capitalizing on its prime location and existing infrastructure. The property is privately owned and offered for sale directly by the owner. The permitted zoning is commercial, making it suitable for a wide range of development projects. Detailed information regarding the property's composition and potential uses is available upon request. Don't miss this chance to acquire a substantial commercial land holding in a rapidly growing area of Utah. The property is situated in Wasatch County, Utah, with a zip code of 84032.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Daniel
    County
    Wasatch
    State
    Utah
    Longitude
    -111.448
    Latitude
    40.4716

    Comparable in this City

    • Value Estimation by Request
      2.36 Acres

      1240 Main St

      Land
      1240 Main St, Heber City, UT 84032
      View Details
    • Value Estimation by Request
      3.98 Acres

      922 Heber City Ut

      Restaurants
      922 Heber City Ut, Heber City, UT 84032
      View Details
    • Value Estimation by Request
      3.05 Acres

      Cor Hwy 40 & Airport Rd

      Land
      0 Cor Hwy 40 & Airport Rd, Heber City, UT 84032
      View Details
    • Value Estimation by Request

      Pne Holw Dr

      Land
      0 Pne Holw Dr, Heber City, UT 84032
      View Details
    • Value Estimation by Request
      0.47 Acres

      4048 Islay Dr

      Land
      4048 Islay Dr, Daniel, UT 84032
      View Details
    • Value Estimation by Request
      1.00 Acre

      Valley Dr

      Land
      0 Valley Dr, Heber City, UT 84032
      View Details

    Similar Nearby for Sale

    • $1,499,000

      Pne Holw Dr

      Land
      0 Pne Holw Dr, Heber City, UT 84032
      View Details
    • $155,000

      Land Available in Heber City

      Land for sale in Wasatch County, Heber City.
      2187 W Westview Dr, Heber City, UT 84032
      View Details
    • $157,000

      Land For Sale Heber City

      Land available for purchase in Heber City, Utah.
      1485 S Westview Dr, Heber City, UT 84032
      View Details
    • $205,000

      Land For Sale Heber City

      Land available in Heber City, Utah.
      3949 N Blue Spruce Dr, Heber City, UT 84032
      View Details
    • $229,000

      Land for Sale in Heber

      Land available in Wasatch County, Heber City, Utah.
      9454 Acorn Cir, Heber City, UT 84032
      View Details
    • $134,000

      Land For Sale

      Land available for sale.
      2151 S Westview Dr, Heber City, UT 84032
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Heber City Commercial Land Parcel

      Prime 2.36-Acre Commercial Lot
      1240 Main St, Heber City, UT 84032
      View Details
    • Contact for pricing
      2 SF

      Land for Retail Ground Lease

      Prime land available for ground lease near Smith’s Food & Drug.
      700 N Main St, Heber, UT 84032
      View Details
    • Contact for pricing
      3,246 SF

      Renovated Office Space For Rent

      Recently renovated office space with ample parking and excellent visibility.
      150 N Main St, Heber City, UT 84032
      View Details
    • Contact for pricing
      14,450 SF

      Retail Space in High-Growth Area

      Retail property in a high-traffic, high-growth area.
      424-480 N Main St, Heber City, UT 84032
      View Details
    • Contact for pricing

      Retail Space in Wasatch County

      Premier shopping center with approximately 250,000 SF of retail space.
      1274 S Main St, Heber City, UT 84032
      View Details
    • Contact for pricing

      Retail/Office Space with Drive-Thru

      Retail and office spaces available with drive-thru and high visibility.
      1131 S Main St, Heber City, UT 84032
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2134 3000
    Daniel, UT 84032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2134 3000, Daniel, UT, 84032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!