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842 Spanish Frk Pkwy Spanish Fork, UT 84660

OFF-MARKET Specialty properties Google Maps
4,679 SF 1 ac lot Built 2024
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 4,679 square foot retail property in Spanish Fork, UT, presents a unique investment opportunity. Located at 842 S Spanish Fork Pkwy, 84660, this 2024-built center offers two suites, each with a minimum divisible space of 1,000 square feet, and the possibility of leasing the entire 4,679 square feet contiguously. Currently, the entire space is vacant, providing a blank canvas for a new tenant or tenants. The property sits on one acre of land and boasts ample parking for 42 vehicles, including electric vehicle charging stations. Its strategic location near the freeway ensures high visibility and accessibility within a thriving shopping area. The property's flexible layout makes it ideal for a variety of uses, including retail, restaurants, or special purpose businesses. The middle two units are particularly well-suited for gyms or medical offices. Annual property taxes are $38 per square foot. This is a remarkable chance to establish a presence in a dynamic and growing market. Don't miss this opportunity to secure a prime retail location in Spanish Fork.

Property profile

Verified
Property type Specialty properties
Year built 2024
Total area 4,679 SF
Lot 1 ac (43,560 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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