384 500 American Fork, UT 84003
- Land
- 2.28 lot acres
Current Use by Public Records
- Land
Property Details for 384 500
- Lot size
- 2.28 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- American Fork
- County
- Utah
- State
- Utah
- Longitude
- -111.785
- Latitude
- 40.3688
