Property profile

1000 300 Santaquin, UT 84655

OFF-MARKET
Land
10.19 ac lot
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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

Location

1000 300 Santaquin, UT 84655
Santaquin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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