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    Property profile & analytics

    280 Main St Monroe, UT 84754-3167

    • Commercial real estate
    • 763 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US86-0961360
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 280 Main St

    Year built
    1978
    Lot size
    0.50 lot acres
    Property size
    763 SF
    Property type
    Commercial real estate
    APN
    1-M23-27
    APU
    1M2327

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Sevier
    State
    Utah
    Longitude
    -112.121
    Latitude
    38.6368

    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
    $2,997
    $65,801
    $237,428
    $303,229
    -
    $65,801
    $237,428
    $303,229

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    280 Main St
    Monroe, UT 84754-3167
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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