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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1042 Wasatch Spg Rd Hideout, UT 84036

1,590 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1042 W Wasatch Spring Rd #W-1 Kamas, Hideout, UT 84036, presents a unique investment opportunity. The 1,590 square foot property, comprised of 20 units across five single-story buildings, is situated in the thriving Wasatch Springs Residential Community, just minutes from Park City and Jordanelle Reservoir. Offering convenient access via the new Jordanelle Parkway, connecting to nearby amenities, this Class A property boasts 1,560 square feet of net rentable space. Units are available in two configurations: two-story units (26ft x 44ft) delivered as completed office space with a Certificate of Occupancy (CO), including bathrooms on each floor and kitchenette setups; and single-story units (26ft x 60ft) with roller door frontage, delivered as "White Box" finishes, including a CO, basic infrastructure, drywall, paint, and a completed bathroom. The property is zoned for Commercial Mixed Use, with ample parking (8 spaces per unit). This prime location is ideal for a variety of commercial uses, including medical offices, storefronts, restaurants, and other businesses, catering to the high demand in this rapidly developing area. The asking price is $1,100,000, and the lease type is NNN. Residential use is subject to county approval. This is a 2024 new construction.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,590 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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