XB00 2306 Nephi, UT 84648
This exceptional commercial property in Nephi, Utah, presents a unique investment opportunity. Encompassing 11 acres, the offering includes two existing homes located at 221 N 1800 W (MLS #2021834) and 187 N 1800 W (MLS #2021832) in Nephi, UT 84648. The land is strategically situated next to the John Deere store, directly off Highway 132, providing excellent visibility and accessibility. The property's location offers significant potential for future growth, especially considering the Juab School District's recent purchase of adjacent land for a future school. This prime location is also just one block from Airport Road. The asking price for this combined 11-acre parcel, including both homes, is $1,799,900, translating to approximately $163,627 per acre. This represents a compelling value proposition given the property's size, location, and existing improvements. The property's TAX ID is XB00 2306. Don't miss this chance to acquire a substantial commercial land holding with significant upside potential in a rapidly developing area.
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.