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Property profile

XB00 2306 Nephi, UT 84648

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Location

XB00 2306 Nephi, UT 84648
Nephi metro
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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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