1341 Millcreek Dr Moab, UT 84532
This exceptional 0.97-acre commercial lot, located at 1341 Millcreek in Moab, Utah, presents a unique investment opportunity. Currently zoned highway commercial, this property sits on a prominent corner at the intersection of Mill Creek and Spanish Valley Drive, ensuring high visibility and accessibility. Previously the site of Tom Tom's Foreign Garage, the lot is soon to be cleared, providing a blank canvas for a variety of development projects. The substantial size of the lot allows for ample space to construct a new building or expand an existing business. Its prime location in Moab, a vibrant city known for its outdoor recreation and tourism, guarantees a strong potential for return on investment. The asking price of $1,200,000 reflects the significant value and development potential of this strategically located property. This is a rare chance to acquire a highly desirable commercial lot in a thriving market. The property's highway commercial zoning opens doors to a wide range of commercial uses, making it an attractive proposition for both established businesses seeking expansion and new ventures looking for a strong foothold in the Moab market. Don't miss this opportunity to secure a piece of Moab's commercial landscape.
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.