384 500 American Fork, UT 84003
This exceptional 2.28-acre commercial land parcel in American Fork, Utah, presents a remarkable investment opportunity. Located at 384 S 500 E, American Fork, UT 84003 (APN 130510058), this property boasts a highly desirable GC-2 zoning designation. The land is priced at $3,600,000, translating to $36.25 per square foot. Its strategic location offers quick access to I-15, ensuring high visibility and convenient access for businesses. The property's potential is further enhanced by its placement at a lighted intersection, maximizing exposure. The zoning allows for a wide range of commercial uses, including gas stations, auto sales, office spaces, retail establishments, and fast-food restaurants, among others. The site could potentially be subdivided into two lots, approximately 0.71 acres and 1.21 acres, providing flexibility for development. Furthermore, its designation as an Opportunity Zone presents additional investment incentives. This prime location and versatile zoning make this property an ideal choice for developers and investors seeking a high-impact commercial venture in a thriving Utah County market. Don't miss this chance to acquire a significant piece of American Fork's commercial landscape.
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
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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.