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Property profile

280 Main St Monroe, UT 84754

OFF-MARKET
Commercial real estate
Property ID
US86-0961360
View Sample
763 SF 0.5 ac lot Built 1978
Individually Owned 1-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional retail opportunity in Monroe, UT, presents a thriving gas station ideally situated on Main Street, ensuring high visibility and convenient access. The property encompasses a half-acre lot and includes a fully operational gas station with fuel pumps and an above-ground gas tank. A significant advantage is the inclusion of a well-equipped store kitchen, allowing for the sale of hot food items. Ample refrigeration is provided with numerous coolers and freezers. Customer convenience is further enhanced by the presence of public restrooms. A unique feature is a self-contained one-bedroom apartment complete with its own kitchen and bathroom, offering potential for rental income or on-site management. The property boasts ample parking, with significant room for expansion, such as adding a mechanic shop or simply increasing parking capacity. The seller is offering attractive seller financing options, with up to $300,000 available. This presents a rare chance to acquire a profitable business in a desirable small-town setting, offering both immediate income and significant growth potential. The property's prime location and versatile features make it an exceptional investment opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 763 SF
Lot 0.5 ac (21,780 SF)
APN 1-M23-27
UPID US86-0961360

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2018
Price N/A
2018
$324,678
2016
Price N/A
2014
Price N/A
2011
Price N/A
2005
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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