1683 Vernal Ut Vernal, UT 84078
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.