Ctr St Summit, UT 84772
This exceptional 8.86-acre commercial parcel presents a remarkable investment opportunity in Summit, UT. Ideally situated right off the highway exit, this property boasts prime visibility and accessibility, making it perfect for a wide range of commercial ventures. The land is zoned commercial, offering flexibility for development. The expansive acreage provides ample space for various projects, from retail centers to light industrial facilities. Water rights are included, with one acre-foot of water allocated for each acre purchased. This ensures sufficient water resources for any future development. Furthermore, the seller is offering attractive financing options, requiring a 25% down payment. This presents a unique chance to acquire a substantial commercial property with significant development potential at a competitive price of $243,650. The seller is open to selling parcels ranging from 5 to 100 acres, providing scalability to suit various project needs. All potential buyers are responsible for verifying zoning regulations and conducting their own due diligence. This is a rare opportunity to secure a strategically located commercial property with significant upside potential. Don't miss out on this chance to build your business in a thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.