1042 Wasatch Spg Rd Hideout, UT 84036
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.
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
Similar Nearby for Lease
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.