500 Hwy Ephraim, UT 84627
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 500 Hwy
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 500 South Hwy 89, Ephraim, UT 84627, presents a unique investment opportunity within the thriving Ephraim Crossing master-planned community. The development encompasses 240 acres and offers a diverse range of industrial, flex, and warehouse spaces, with land sales starting at $8-$10 per square foot for lots ranging from 1 to 40 acres. Lease options are also available, starting at $1.00 per square foot, NNN, with spaces ranging from 2,000 to 200,000 square feet. Strategically situated on Highway 89, this location provides easy access to major transportation routes and is in the heart of Sanpete County, Utah's largest city. The area benefits from significant growth, including a new Intermountain Health hospital, a new road design for commercial traffic connecting to Highway 89 (under construction), and a rapidly expanding residential sector with over 700 new households planned across single-family, townhome, and apartment developments. Further enhancing the area's appeal are Snow College (approx. 6,000 students offering four-year degrees), a Utah State University campus, and the upcoming Ephraim LDS Temple (scheduled for completion in 2025). Recreational opportunities abound with Ephraim Canyon's access to the Arapeen ATV Trail. The pro-business local government actively supports expansion, making this a compelling investment prospect with strong potential for future growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ephraim
- County
- Sanpete
- State
- Utah
- Longitude
- -111.597
- Latitude
- 39.3484
