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    Property profile & analytics

    1453 Ut-24 Hanksville, UT 84734

    • Retail properties
    • 3,880 SF
    • 3.21 lot acres
    For Sale
    View listing
    $650,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1453 Ut-24

    Lot size
    3.21 lot acres
    Property size
    3,880 SF
    Property type
    Retail properties
    Property subtype
    Auto shops

    Description

    This exceptional investment opportunity presents a thriving Hanksville, Utah auto shop, complete with a diverse range of income streams. Located at 1453 UT-24, this 3.21-acre property boasts three buildings totaling 3,880 square feet. The main structure includes a spacious 2,400 square foot shop/garage featuring a 13-foot clearance height and one ground-level door, ideal for various automotive services. A separate 1,155 square foot office/retail building provides ample space for administrative tasks and customer interaction. Three additional small storage units offer extra revenue potential. A fenced yard adjacent to the shop provides secure outdoor storage. The property also includes a 325 square foot apartment with a bedroom, bathroom, and small kitchen, offering additional income or owner-occupancy potential. The current business, a trailer/tire operation, is included in the sale, providing an immediate revenue stream. This turnkey operation is priced at $650,000, with seller financing available. The asking price per square foot is $167.53. This is a NNN lease type property with multiple tenants. Don't miss this chance to own a well-established and profitable business in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanksville
    County
    Wayne
    State
    Utah
    Longitude
    -110.694
    Latitude
    38.3969
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    1453 Ut-24
    Hanksville, UT 84734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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