1906 Sr 164 Spanish Fork, UT 84660
- Land
- 9.06 lot acres
Current Use by Public Records
- Land
Property Details for 1906 Sr 164
- Lot size
- 9.06 lot acres
- Property type
- Land
Description
This exceptional 9.059-acre commercial land parcel presents a prime investment opportunity in Spanish Fork, Utah. Strategically located at the northeast corner of I-15 and Route 164 (8000 South), this property offers unparalleled access and visibility. Currently zoned RA-5 in Utah County, the land boasts significant development potential, further enhanced by its proximity to major transportation arteries and planned growth areas. The asking price is $7,103,686, translating to approximately $18 per square foot. A key advantage is the inclusion of 7 acre-feet of SVP Irrigation Water, a valuable asset for various development projects. Situated less than a mile from the new Revere Health facility in Salem, this location benefits from the area's expanding infrastructure and burgeoning healthcare sector. The property's adjacency to an I-15 on/off ramp ensures high traffic visibility and convenient access. The parcel's APN is 25-036-0070. The general plan for annexation in the area further underscores the long-term growth potential of this exceptional investment opportunity. This is a rare chance to acquire a significant land holding in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spanish Fork
- County
- Utah
- State
- Utah
- Longitude
- -111.7
- Latitude
- 40.0854
