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Property profile & analytics
OFF-MARKET
Post offices

2577 Highway 162 Eden, UT 84310

2,277 SF 0.76 ac lot Built 1989
Property ID
US86-0400037
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 2,277 square foot retail building currently leased to the United States Postal Service (USPS) in Eden, Utah. Located at 2577 N Hwy 162, this property boasts a 100% occupancy rate with a lease expiring June 30, 2029. The asking price is $895,000, representing a 3.97% cap rate and a price per square foot of $393.06. The property sits on a 0.76-acre lot and includes 34 parking spaces. Built in 1989, the building is zoned for general commercial use and offers a net lease structure with limited landlord responsibilities, primarily encompassing roof and structural maintenance. This makes it an ideal low-management investment. The property benefits from a high-traffic location along State Highway 162, averaging 5,300 vehicles per day, and enjoys proximity to Powder Mountain Ski Resort, attracting over one million skiers annually. The strong demographics of the 5-mile trade area, featuring over 6,000 residents, 1,000 employees, and an average household income exceeding $156,621, further enhance the investment potential. The property's APN is 22-046-0068. The current NOI is $35,500. While the current tenant is USPS, the zoning allows for potential alternative uses, such as a quick-service restaurant.

Property profile
Verified
Property type Post offices
Year built 1989
Total area 2,277 SF
Lot 0.76 ac (33,106 SF)
APN 22-046-0068
UPID US86-0400037
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
  • United States Postal Service Logistics Service Money Order Service
  • Meadow Lake Land Company, LLC Real Estate Agency
  • North Fork Land Solutions Consultant
  • Custer Properties, LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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