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Property profile & analytics
FOR LEASE
Hotels

1475 N Main St Richfield, UT 84701

1.69 ac lot
Entity Owned 16-yr Hold Free & Clear
Property ID
US86-0955486
Property summary
AI-generated overview

This exceptional restaurant opportunity is located at 1475 N Main St, Richfield, UT 84701. The property boasts a substantial 6,656 square feet of space, perfect for a thriving culinary establishment. Its strategic location immediately off I-70 ensures high visibility and accessibility for customers. The single-tenant occupancy provides a unique opportunity for a business to establish a strong presence in a high-traffic area with ample parking. The property's APN is 1-2-31. This is an ideal location for a restaurant seeking to capitalize on the significant foot and vehicle traffic generated by its proximity to a major interstate. The building's size allows for a variety of restaurant concepts, from casual dining to upscale establishments. The property is situated in Richfield, Utah, offering a strong local market and convenient access to regional transportation networks. This turnkey opportunity presents a chance to acquire a well-positioned restaurant space in a desirable location. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Lot 1.69 ac (73,616 SF)
APN 1-2-31
UPID US86-0955486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ross’s Pizza & Pasta Buffet Restaurant
  • Ross's Pizza and Pasta Buffet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brett & Cher Ross LLC · 16 yrs held
Brett & Cher Ross LLC
since 2010
2 recorded transactions
2010
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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