89 800, Ephraim, UT 84627
This exceptional commercial land parcel presents a unique investment opportunity in Ephraim, Utah's thriving Sanpete County. Located on Highway 89, this property is part of a 240-acre master-planned community, Ephraim Crossing, strategically positioned in the heart of the county's largest city. The site offers various development possibilities, including retail and office spaces, with drive-thru options available. Pricing ranges from $11.00 to $15.00 per square foot for general commercial use, and $4.00 to $6.00 per square foot for grocery-only spaces. The area benefits from significant growth, including over 700 new households being created within Ephraim Crossing through single-family homes, townhomes, and apartments. Snow College, with approximately 6,000 students and an expanding four-year degree program, is a major contributing factor to the area's economic vitality. Further enhancing the area's appeal is the construction of the Ephraim LDS Temple (projected completion 2025) and the recent acquisition of 35 acres by IHC for a new trauma center hospital with life flight capabilities. A new connecting intersection to Ephraim Canyon provides convenient access to the Arapeen ATV Trail and other outdoor recreational activities. This property offers unparalleled potential for developers seeking to capitalize on Ephraim's robust growth and strong community infrastructure.
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.
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.