Property profile

26 State Rd Pleasant Grove, UT 84062

OFF-MARKET
Office buildings
Property ID
US86-0595492
1,343 SF 0.21 ac lot Built 1977
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,343 square foot commercial property is ideally situated on a prime corner lot in Pleasant Grove, Utah, at 26 E State Rd, zip code 84062. The single-tenant building presents a versatile opportunity for a variety of businesses. Its previous uses include a car lot and, historically, a fast-food restaurant, demonstrating its adaptability to diverse commercial ventures. The property's location ensures high visibility and accessibility, making it an attractive option for businesses seeking strong foot traffic and convenient access for customers. The building's size is well-suited for a range of retail, office, or special purpose uses, offering ample space for operations and potential expansion. The property is zoned for retail, office, and special purpose uses, providing flexibility for prospective buyers or tenants. This location offers excellent potential for a thriving business in a desirable Utah community. The property's history demonstrates its resilience and adaptability to changing market demands. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 1,343 SF
Lot 0.21 ac (9,148 SF)
APN 03-007-0008
UPID US86-0595492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

26 State Rd Pleasant Grove, UT 84062-2604
Pleasant Grove metro Census 511 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$510k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2019
Price N/A
2001
Price N/A
1998
Price N/A
1997
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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