1700 500, Vernal, UT 84078
This exceptional 1.23-acre lot, located at 1700 W 500 N, Vernal, Utah 84078, presents a unique investment opportunity. Situated adjacent to Uintah High School and Uintah Basin Technical College, this property boasts unparalleled visibility and accessibility, ensuring high foot and vehicle traffic. Its strategic location makes it ideal for diverse development projects. Commercial ventures could include a quick-service restaurant with a drive-thru, capitalizing on the consistent flow of students, faculty, and local residents. Alternatively, the lot is perfectly suited for a residential condominium development, addressing the area's growing housing needs. The property's size and location offer a blank canvas for a high-impact project. Vernal, Utah is a thriving community experiencing population growth and expanding amenities, making this a prime opportunity to participate in the area's upward trajectory. The asking price for this ready-to-develop land is $400,000. This property offers high traffic and visibility, ensuring excellent exposure for any development. Don't miss this chance to invest in a vibrant and growing community.
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Vernal City Cemetery Cemetery
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.