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Property profile

0 Hwy 120 & County Rd Richfield, UT 84701

OFF-MARKET
Retail properties & Spaces
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174,240 SF 4 ac lot

Property summary

AI-generated overview

This exceptional 4-acre commercial land parcel in Richfield, Utah, presents a remarkable investment opportunity. Located at the intersection of Hwy 120 and County Rd, this strategically positioned property boasts a substantial 174,240 square feet of developable land, offering significant potential for retail development. The asking price is $840,000, translating to a land value of $4.82 per square foot. Existing infrastructure includes readily available electricity and sewer connections, as well as established street access, simplifying the development process and reducing upfront costs. The property's substantial size and prime location in the thriving community of Richfield, Sevier County, Utah (zip code 84701), make it ideal for a variety of retail ventures. This is a rare opportunity to acquire a large, well-situated parcel in a growing market, offering excellent returns for discerning investors. The property's coordinates are 38.79175 latitude and -112.082462 longitude. This is a turnkey opportunity for immediate development. Don't miss this chance to secure a prime piece of Richfield real estate.

Property profile

Verified
Property type Retail properties & Spaces
Total area 174,240 SF
Lot 4 ac (174,240 SF)

Cap rate & NOI

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

Value estimations

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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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