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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1076 Wasatch Spg Rd Hideout, UT 84036

1,785 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 20 vacant units across three, two-story buildings in the burgeoning Wasatch Springs Residential Community, Hideout, Utah. Located just minutes from Park City and Jordanelle Reservoir, this new construction (2024) offers 1,785 square feet of versatile space per unit, ideal for creative offices, restaurants, or storefronts. The property boasts a Mixed zoning permit, providing flexibility for various commercial uses. Units are available in two configurations: two-story units (26ft x 44ft) with completed office space including bathrooms on each floor and kitchenette, or single-story units (26ft x 60ft) with roller door frontage and a "White Box" finish, including a Certificate of Occupancy, basic infrastructure, drywall, paint, and a completed bathroom. Each unit includes 8 parking spaces. The property is offered at $1,300,000, representing a compelling price per unit. Excellent access to the new Jordanelle Parkway provides convenient access to nearby amenities. This is a unique opportunity to capitalize on the high demand in this rapidly developing corridor. The lease type is NNN, and tenant credit is required. The remaining lease term is 5 years.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,785 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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