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Property profile & analytics
OFF-MARKET
Specialty properties

270 Logan Rd Garden City, UT 84028

1.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 270 W Logan Rd, Garden City, UT 84028, presents a lucrative investment opportunity. The 1.59-acre lot boasts a prime corner location in a high-growth area of Garden City, offering excellent visibility and accessibility. Currently operating as a successful go-kart business, the property is zoned C2 and generates a substantial net operating income (NOI) of $300,000, resulting in a compelling 12% capitalization rate. The asking price is $2,499,369. The business has demonstrated consistent year-over-year growth, reflecting the increasing popularity of the area and the limited availability of commercial properties. The spacious lot provides potential for future expansion and the addition of ancillary businesses. This turnkey operation offers a rare chance to acquire a thriving enterprise in a desirable location with significant upside potential. The property's strategic position at the entrance to Garden City ensures high traffic volume and visibility, maximizing its earning capacity. This is an ideal investment for an owner-user seeking a profitable and established business with room for future development. The property's strong financial performance and prime location make it a truly exceptional investment opportunity.

Property profile
Verified
Property type Specialty properties
Lot 1.59 ac (69,260 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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