1581 Main St Tooele, UT 84074
This exceptional 1.01-acre commercial land parcel presents a unique ground lease or purchase opportunity in Tooele's thriving retail submarket. Located at 1581 N Main Street, this property boasts an enviable position with excellent visibility and immediate access to SR 36. The lot size is 439,956 square feet, zoned CG (Commercial General), and offers a prime location for businesses seeking high traffic exposure. The property's strategic placement on Main Street, near the intersection of Main Street and 1600 N, ensures significant daily traffic counts, with an average daily traffic (ADT) of 29,103 vehicles. This translates to substantial potential for customer reach and business growth. The property is ideal for a drive-thru business, further enhancing its appeal and functionality. Financial terms are flexible, offering a ground lease option at $70,000 annually or a purchase option at $800,000. The APN is 15-053-0-012B. This is a rare opportunity to secure a highly visible and strategically located commercial property in a rapidly growing area of Salt Lake's Tooele submarket cluster. Don't miss this chance to establish your business in a prime location with exceptional visibility and high traffic volume.
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.