203 Main St Richfield, UT 84701
Property profile & analytics
203 Main St Richfield, UT 84701
- Retail space
- 0.13 lot acres
Property ID
US86-0949283
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 203 Main St
- Lot size
- 0.13 lot acres
- Property type
- Retail space
- APN
- 1-18-26
- APU
- 11826
Description
This exceptional commercial property in Richfield, Utah presents a rare investment opportunity. Located on Main Street, the 0.37-acre lot features two separate buildings, each with its own address, offering immense potential for dual businesses or expansion. The main building boasts prominent Main Street frontage, ideal for a variety of commercial uses. A second building, situated on 200 South, provides additional space and flexibility. Constructed in 1977, the buildings offer a solid foundation but may require some modernization to suit a buyer's specific needs. Currently leased to a car dealership, this property offers immediate income potential or the chance to develop a unique business strategy. The location on Main Street ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a well-positioned commercial space in a thriving community. The dual-building configuration allows for diverse business ventures, from retail to service-based operations. This is a chance to acquire a substantial commercial property in a desirable location with significant upside potential. The property's size and configuration provide ample room for growth and adaptation to various business models. The existing lease provides a stable income stream while offering the flexibility to reposition the property for future growth. This is a truly unique opportunity not to be missed.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Richfield
- County
- Sevier
- State
- Utah
- Longitude
- -112.084
- Latitude
- 38.7651
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,767
$83,349
$93,390
$176,739
-
$83,349
$93,390
$176,739
