1000 300, Santaquin, UT 84655
This exceptional 10.19-acre commercial parcel in Santaquin, Utah, presents a remarkable investment opportunity. Strategically located with high visibility from Interstate 15, this property is zoned C-1 for commercial use, offering immediate development potential. The parcel, identified by APN 32:017:0005, is part of a larger 112-acre area, with adjacent land also available for purchase, allowing for significant expansion possibilities. Santaquin City's vision for the area includes a variety of commercial uses, such as a shopping plaza, big-box retail, restaurants, and entertainment venues. This presents a unique chance to capitalize on the growth trajectory of Utah County, which is expanding southward and westward from Provo/Orem. A ground lease option is available, with terms negotiable based on the proposed use and lease duration. The asking price is $3,107,134.80. This property offers a compelling combination of location, zoning, and potential, making it an ideal investment for developers seeking a high-impact commercial project in a rapidly growing area. A drone video showcasing the property is available online.
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.