870 Sr 198 Salem, UT 84653
This exceptional 2,100 square foot retail space is ideally situated in Salem, Utah, at 870 North SR 198, zip code 84653. Located in Utah County, this single-tenant property offers a fantastic opportunity for a variety of retail businesses. The entire space, totaling 2,100 square feet, is currently vacant and ready for immediate occupancy. Its prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic. The property's "grocery-anchored" status suggests a strong existing customer base in the immediate vicinity, providing a built-in market for potential tenants. This presents a unique chance to establish a thriving business within a well-established commercial area. The property is classified as retail commercial real estate and is perfect for a single tenant seeking a prominent location in a growing community. The address is easily accessible from State Route 198, ensuring convenient access for both customers and employees. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 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.