1350 Technology Dr Richfield, UT 84701
This exceptional retail development opportunity in Richfield, Utah, presents a unique chance to invest in a thriving community. Located at 1350 S Technology Dr, 84701, in Sevier County, this property offers a range of parcels totaling 43,560 to 522,720 square feet, situated on 1 to 12 acres of land. The property is zoned for restaurant, shopping center, and auto shop uses, making it ideal for a variety of commercial ventures. The land is available for sale at $18-$20 per square foot, or for lease at $35 per square foot. This development is strategically located in the heart of Central Utah, a region experiencing significant growth, and is anchored by a Home Depot, further enhancing its appeal and potential. The area boasts abundant recreational opportunities, attracting both residents and tourists, creating a strong market for commercial businesses. The property's APN numbers are 1-7-72, 1-7-75, 1-7-76, 1-7-77, and 1-10-13. A 10-year NNN lease is available. This is a remarkable opportunity to capitalize on the growth and potential of this vibrant community. The property's location within "Panoramaland," near stunning National Parks, adds to its allure and potential for attracting customers. This is a chance to become part of a flourishing commercial and residential development.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.