Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Valley Dr Heber City, UT 84032
    Property profile & analytics

    Valley Dr, Heber City, UT 84032

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

    Current Use by Public Records

    • Land

    Property Details for 0 Valley Dr

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre lot in the gated Timber Lakes community presents a unique opportunity to build your dream home in a breathtaking mountain setting. Located at Lot #1492 Valley View, this gently sloping property boasts panoramic views, extending from the majestic Timpanogos to the renowned Deer Valley. A completed perk test and survey are readily available for review, simplifying the building process. The southwest-facing aspect of the lot is ideal for designing a passive solar home or cabin, maximizing energy efficiency and natural light. High-speed fiber optic internet access is available, catering to those who work remotely. The land is naturally beautiful, adorned with Gambel Oak, sagebrush, and seasonal wildflowers. Timber Lakes offers year-round access and is conveniently located just 7 miles east of Heber City, providing easy commutes to Orem/Provo and Park City/Salt Lake City. Residents enjoy abundant recreational opportunities within the community. Utilities include readily available propane, while septic systems are required for all homes in the area. This is an unparalleled chance to own a piece of paradise in a thriving mountain community. Priced at $125,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Heber City
    County
    Wasatch
    State
    Utah
    Longitude
    -111.402
    Latitude
    40.5217

    Comparable in this City

    • Value Estimation by Request

      3799 Huntley Way

      Land
      3799 Huntley Way, Daniel, UT 84032
      View Details
    • Value Estimation by Request
      26.17 Acres

      1878 Remuda Run Ct

      Land
      1878 Remuda Run Ct, Daniel, UT 84032
      View Details
    • Value Estimation by Request
      5.06 Acres

      1527 Little Sweden Rd

      Land
      1527 Little Sweden Rd, Daniel, UT 84032
      View Details
    • Value Estimation by Request
      34.26 Acres

      2085 Midway Ln

      Farms
      2085 Midway Ln, 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
      3.98 Acres

      922 Heber City Ut

      Restaurants
      922 Heber City Ut, Heber City, UT 84032
      View Details

    Similar Nearby for Sale

    • $869,000

      Land for Sale in Heber

      Land available in Wasatch County, Heber City, Utah.
      1862 S 4200 East, Heber City, UT 84032
      View Details
    • $950,000

      Land For Sale Heber City

      Land available in Heber City, Utah.
      2877 E Lane Sal Peak Dr, Heber City, UT 84032
      View Details
    • $1,365,000

      Land For Sale Heber City

      Land available in Heber City, Utah.
      10385 Deer Creek Dr, Heber City, UT 84032
      View Details
    • $1,638,100

      Land For Sale Heber City

      Land available in Heber City, Utah.
      2771 E Lane Sal Peak Dr, Heber City, UT 84032
      View Details
    • $175,000
      43,996 SF

      Heavily-Wooded Acre in Timber Lakes

      One-acre lot in Timber Lakes with year-round access.
      2919 Green Briar Way, Heber City, UT 84032
      View Details
    • $918,000
      Pending

      Land for Sale in Heber

      Land available in Wasatch County, Heber City.
      2577 E Lane Sal Peak 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

      Heber Valley Office Space

      Available office space in Heber Valley with mountain views.
      2175 W 3000 S, Heber City, UT 84032
      View Details
    • Contact for pricing
      24,773 SF

      Modern Commercial/Industrial Space in Heber

      Modern commercial/industrial space with visibility and regional connectivity.
      2210 West 3000 South, Heber City, UT 84032
      View Details
    • Contact for pricing
      1,650 SF

      Heber City Retail Opportunity

      Retail spaces available in premiere shopping center in Heber City.
      Us-189 & Us-40, Heber City, UT 84032
      View Details
    • Contact for pricing

      Distinctive Office Space in Heber

      Restored office space blending character with modern functionality.
      98 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.
    Valley Dr
    Heber City, 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
    Valley Dr, Heber City, 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!