Property profile

1090 Factory St Garland, UT 84312

OFF-MARKET
Industrial properties
26.38 ac lot
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Property summary

AI-generated overview

This exceptional 26.38-acre industrial property in Garland, Utah, presents a compelling investment opportunity. Located at 1090 FACTORY, the land boasts a prime location with the Malad River forming its eastern boundary. Currently utilized as an auto sales and salvage yard, the property is zoned industrial, offering flexibility for future development. The city's zoning regulations allow for potential rezoning, opening doors to a wide range of possibilities. This is particularly attractive given the significant economic growth in Garland, fueled by the upcoming Lakeshore Learning Distribution Center, which is expected to bring 500 new jobs to the area. Further bolstering the area's prospects are the expansions of Northrop Grumman and P&G. The listed price of $2,400,000 is exclusively for the land itself, which will undergo a thorough cleaning process before closing. The existing buildings and the associated business operations are available for separate negotiation at an additional cost. For those seeking a flexible financing solution, seller financing is available, making this an even more accessible opportunity for prospective buyers. This property represents a unique chance to capitalize on Garland's burgeoning economic landscape and create a significant return on investment.

Property profile

Verified
Property type Industrial properties
Lot 26.38 ac (1,149,113 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Waste Management Facility Recycling Center
  • Auto Parts Store Waste Management Facility

Location

1090 Factory St Garland, UT 84312
Garland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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