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Property profile & analytics
OFF-MARKET
Land

1683 Vernal Ut Vernal, UT 84078

Property ID
Property summary
AI-generated overview

This exceptional 7.7-acre commercial land parcel presents a remarkable investment opportunity in Vernal, Utah. Strategically located on Highway 40, this property boasts 750 feet of prime highway frontage, ensuring high visibility and accessibility for any commercial venture. Its location adjacent to a major retail center provides immediate access to a substantial customer base and synergistic opportunities. The property is zoned CP-2 (City Planned Commercial), allowing for a wide range of development possibilities. Furthermore, essential utilities are readily available on-site, including water, sewer, and power, simplifying the development process and minimizing upfront infrastructure costs. The APN is 05:070:0010. This property's ideal location, ample size, and convenient access to utilities make it an exceptional choice for developers seeking a high-impact commercial investment in a thriving Utah community. The asking price for this significant commercial land opportunity is $4,300,000. The address is 1683 W Hwy 40, Vernal, UT 84078, situated in Uintah County.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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