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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

515 200 Parowan, UT 84761

2,856 SF 0.53 ac lot Built 1999
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1999
Total area 2,856 SF
Lot 0.53 ac (23,087 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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