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    OFF-MARKET
    Land

    1000 300, Santaquin, UT 84655

    10.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10.19 ac (443,876 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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