Property profile

400 1500 Springville, UT 84663

OFF-MARKET
Land
7.52 ac lot
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Property summary

AI-generated overview

This exceptional 7.52-acre commercial land parcel presents a unique investment opportunity in Springville, Utah. Located at 400 S 1500 W, this property boasts a desirable location within Utah County, offering significant potential for various commercial developments. The asking price is $2,902,279, translating to a land value of $8.86 per square foot. The expansive lot size provides ample space for a wide range of projects, from large-scale retail centers to industrial facilities. The property's address is easily accessible, ensuring high visibility and convenient access for customers and employees. Detailed site analysis and zoning information are available upon request. This property is zoned for commercial use and is ready for immediate development. The existing building on the property has 3,27,571 square feet and contains one unit. This presents a unique opportunity to either renovate the existing structure or develop a new project. The property's location in Springville, UT, offers access to a growing population and a strong local economy. Don't miss this chance to acquire a significant commercial land holding in a thriving Utah community. The zip code is 84663. Further details regarding utilities and infrastructure are available upon request. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 7.52 ac (327,571 SF)

Cap rate & NOI

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

Location

400 1500 Springville, UT 84663
Springville 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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