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Property profile & analytics
OFF-MARKET
Land

384 500 American Fork, UT 84003

2.28 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.28 ac (99,317 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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