515 200 Parowan, UT 84761
This exceptional opportunity presents a thriving, turn-key automotive shop ideally situated in Parowan, Utah. The property, located at 515 W 200 S, boasts 2,856 square feet on a 0.53-acre lot. Built in 1999, the building features three convenient drive-in repair bays, perfect for efficient service operations. In addition to the bays, the property includes a well-appointed office space and a retail area at the front, complete with a restroom for customer convenience. The property's zoning is designated as Commercial Improved/Commercial Unimproved. This high-visibility location on 200 S ensures excellent exposure and accessibility for customers. An attractive feature is the availability of an adjacent lot for purchase at a separate price, offering potential for expansion or additional development. This established business is ready for a new owner to continue its success. Serious inquiries only. Please refrain from disturbing tenants or businesses on the property.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.