Current Use by Public Records
- Mixed-use properties
Property Details for 1525 Burke Ln
- Lot size
- 0.87 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 0.87-acre mixed-use land parcel presents a compelling investment opportunity in the thriving Farmington, Utah market. Located at 1525 W Burke Ln, 84025, this property boasts a strategic position near the bustling Station Park retail center, ensuring high visibility and accessibility. The land is situated along newly developed, high-traffic transportation corridors, guaranteeing significant exposure to potential customers and employees. Adding to its appeal, the property is adjacent to hundreds of recently constructed residential units, creating a built-in customer base for commercial ventures. This location is part of the North Farmington Station Master Plan, indicating future growth and development in the area. The asking price is $948,000, translating to a land value of $25 per square foot. This represents a unique chance to acquire a well-positioned parcel in a rapidly expanding area, ideal for a variety of commercial uses. The property's prime location and proximity to residential areas and major retail destinations make it an attractive investment for developers and businesses seeking high visibility and strong potential for return. Davis County's robust economy and growing population further enhance the long-term value of this exceptional land offering.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Davis
- State
- Utah
- Longitude
- -111.921
- Latitude
- 40.9915
