1431 Arimo Rd Lake Point, UT 84074
- Land
- 1.27 lot acres
Current Use by Public Records
- Land
Property Details for 1431 Arimo Rd
- Lot size
- 1.27 lot acres
- Property type
- Land
Description
This exceptional 1.27-acre highway commercial land parcel presents a prime investment opportunity in Lake Point, Utah. Located at 1431 Arimo Rd, 84074, this property boasts a highly desirable location on the I-80 interchange and benefits from excellent visibility along the Highway 36 commuter corridor connecting Tooele and Salt Lake City. The permitted zoning is Highway Commercial, allowing for a variety of development options. The asking price is $829,818, translating to a land value of $15 per square foot. This strategically positioned parcel is surrounded by established national brands, including Del Taco, Arby's, McDonald's, Denny's, Popeye's Chicken, Chevron, and a Shell Travel Center, ensuring high traffic volume and strong consumer presence. The property's APN is 15-055-0-0001, and ownership is held by Sun Development. This development-ready land offers significant potential for immediate returns and long-term growth in a thriving commercial area. The property's location on a major commuter route guarantees consistent exposure to a large potential customer base. This is an exceptional opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Point
- County
- Tooele
- State
- Utah
- Longitude
- -112.271
- Latitude
- 40.6845
