1190 Main St Logan, UT 84321
This 0.44-acre commercial property, located at 1190 S Main St in Logan, Utah (zip code 84321), is zoned Commercial (com) and presents a unique retail investment opportunity. The property was previously used as a gas station, but the seller, Maverik, has removed all fuel tanks and obtained a "no further action" letter in August 2018, signifying the completion of environmental remediation. The sale is "as-is," and includes a deed restriction prohibiting the property's use as a fuel station or convenience store. This restriction ensures the property's future use aligns with the seller's business interests and prevents direct competition. The property's prime location on Main Street in Logan, Cache County, offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The sale price is available upon request. Interested parties should be aware of the existing deed restriction before submitting an offer. This property is ready for redevelopment and offers significant potential for a savvy investor. The property's latitude and longitude coordinates are 41.7176874 and -111.835529 respectively.
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
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.