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    500 Hwy Ephraim, UT 84627
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    500 Hwy, Ephraim, UT 84627

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    • Warehouses
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    Value Estimations
    Cap Rate Potential
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    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Ephraim
    County
    Sanpete
    State
    Utah
    Longitude
    -111.597
    Latitude
    39.3484
    More about this property
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