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    Property profile & analytics

    108 1000 Richfield, UT 84701

    • Commercial real estate
    • 2.51 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US86-0225693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 108 1000

    Lot size
    2.51 lot acres
    Property type
    Commercial real estate
    APN
    1-8A-58
    APU
    18A58

    Description

    This exceptional 2.43-acre commercial land parcel in Richfield, Utah, presents a unique investment opportunity. Located at 108 E 1000 S St, Richfield, UT 84701 (APN: SA-T-1-8A-58), this property is zoned CG and offers significant potential for various commercial uses. The land currently features an existing office building, complete with an attached garage, providing immediate utility or potential for renovation. A secured yard adds to the property's versatility and security. The expansive lot size provides ample space for expansion, redevelopment, or the construction of new commercial structures. This prime location in Sevier County offers easy access to major transportation routes and is situated within a thriving community. Detailed pricing and further information are available upon request. This is a rare chance to acquire a substantial commercial property in a desirable Utah location. The property's existing structures and secure yard offer immediate value, while the ample acreage allows for future growth and development. Don't miss this opportunity to secure a valuable asset in a growing market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $295,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $335,000
      Mixed-Use
      $315,000
      Hospitality
      $265,000
      Educational
      $280,000
      Residential Income
      $300,000
      Energy
      $310,000
      Income-Based Land
      $350,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Richfield
    County
    Sevier
    State
    Utah
    Longitude
    -112.086
    Latitude
    38.7665

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,325
    $109,688
    $522,834
    $632,522
    -
    $109,688
    $522,834
    $632,522

    Comparable in this City

    • Value Estimation by Request
      2.35 Acres

      275 Main St

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    • Value Estimation by Request
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      COMMERCIAL (GENERAL) • 4.06 Acres
      1080 Sr 118, Richfield, UT 84701-3115
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      792 SF

      852 Sr 25

      COMMERCIAL (GENERAL) • 792 SF
      852 Sr 25, Richfield, UT 84701
      View Details
    • Value Estimation
      $375,000
      2.33 Acres

      253 Annabella Rd

      COMMERCIAL (GENERAL) • 2.33 Acres
      253 Annabella Rd, Richfield, UT 84701-2673
      View Details

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    108 1000
    Richfield, UT 84701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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