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Property profile & analytics
OFF-MARKET
Commercial real estate

Ctr St Summit, UT 84772

8.86 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 8.86 ac (385,942 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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