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Property profile & analytics
OFF-MARKET
Land

1679-1809 State St Pleasant Grove, UT 84062

0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.64-acre commercial land parcel, located at 1679-1809 W. State St., Pleasant Grove, UT 84062, presents a unique investment opportunity. Zoned PG Commercial Sales with a Multifamily Overlay, this fully improved site is ideally situated right off State Street and adjacent to a Walmart, ensuring high visibility and accessibility. The land offers significant potential for various commercial developments, including office space or a multifamily project. With a total land area of 0.64 acres, the asking price is $500,000, translating to a land value of $21.52 per square foot. The property boasts a convenient location in Utah County North, with excellent access to major transportation routes. While the existing improvements include a 7,762 square foot retail building constructed in 2015, the zoning allows for a variety of uses. The property's strategic location and flexible zoning make it an attractive proposition for developers and investors seeking a high-return opportunity in a thriving Utah market. The single-story building offers a total of 483,298 square feet of rentable building area. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 0.64 ac (27,878 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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