1598 Main St Nephi, UT 84648
This exceptional 1.77-acre commercial land parcel presents a unique investment opportunity in Nephi, Utah. Strategically located on Main Street at 1598 S Main St, 84648, this property boasts unparalleled visibility from I-15, experiencing daily traffic counts of 36,000 vehicles on the interstate and 5,600 on Main Street itself. The site is zoned (HC) Highway Commercial, making it ideal for a variety of retail, hospitality, fuel, or food-related businesses. Benefit from the thriving commercial development already underway, including a newly opened Maverik Adventure's First Stop, Costa Vida, Taco Bell, and Holiday Inn Express. A McDonald's is currently under construction, further solidifying this area's growth potential. This is the last available lot, offering a rare chance to establish a presence in this burgeoning commercial hub. The land is priced at $16 per square foot and is available for sale, lease, or build-to-suit options. Take advantage of the added benefit of enterprise zone tax credits to maximize your return on investment. Don't miss this exceptional opportunity to capitalize on the significant growth and high traffic volume in this prime Nephi location. The property's latitude and longitude coordinates are 39.6871356, -111.8370923 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.