Property profile

92 600 Vernal, UT 84078

OFF-MARKET
Retail properties & Spaces
0.18 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Vernal, Utah, presents a unique investment opportunity. The 0.18-acre corner lot boasts a double-sided drive-through soda and snack shack building, ideally situated near Highway 40 and directly across from Vernal Middle School, ensuring high visibility and convenient access for customers. The building includes numerous recent updates and valuable trade fixtures, such as a commercial vent hood, which are included in the sale. The asking price is $265,000. While the exact age and square footage are unavailable and require verification by the buyer, the property offers significant potential for continued profitability. The seller is open to negotiating a sale of the land without the building, or even a potential lease of the existing structure, but strongly prefers a sale of the entire property. This turnkey operation is ready for a new owner to step in and continue its success. Potential buyers are encouraged to conduct their own due diligence to verify all aspects of the property, including square footage and age, before making an offer. Please refrain from contacting employees regarding this listing.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.18 ac (7,841 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop Take-out & Catering

Location

92 600 Vernal, UT 84078
Vernal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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