Property profile

1080 1350th S Richfield, UT 84701

OFF-MARKET
Drive through restaurants
Property ID
US86-0949295
0.4 ac lot
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity in Richfield, Utah, presents a rare chance to acquire a thriving business in a prime location. The property, located at 1080 W 1350 S, boasts 3,901 square feet of well-maintained space, perfectly suited for continued restaurant operations or creative repurposing. The asking price is $1,500,000, translating to a price per square foot of $384.52, reflecting the property's strong value and potential. Situated in Sevier County, Utah, with a zip code of 84701, this single-building property benefits from high visibility and convenient access for customers. The location's strong demographics and established clientele base provide a solid foundation for continued success. The property's size and layout offer ample space for both front-of-house operations and a fully equipped kitchen. This is an ideal investment for experienced restaurateurs seeking an established business or entrepreneurs looking to launch their culinary vision in a vibrant community. The property is categorized as retail, specifically a restaurant, and is ready for immediate occupancy. Detailed financial information is available upon request. Don't miss this exceptional opportunity to own a successful restaurant in a desirable Utah location.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 0.4 ac (17,424 SF)
APN 1-10-42
UPID US86-0949295

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1080 1350th S Richfield, UT 84701-7089
Richfield metro Census 975400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2006
3 recorded transactions
2006
Price N/A
2006
Price N/A
2005
Price N/A

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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