3340 Vernal Ave Vernal, UT 84078-9543
- Drive through restaurants
- 0.61 lot acres
Current Use by Public Records
- Stella's Kitchen / Convenience Store
- Scooters Pizza & Grub / Pizza Restaurant
Property Details for 3340 Vernal Ave
- Lot size
- 0.61 lot acres
- Property type
- Drive through restaurants
- APN
- 04:014:0006
- APU
- 40140006
Description
This exceptional turnkey restaurant opportunity in Vernal, Utah, is ideally situated at 3340 N Vernal Ave, in Uintah County, zip code 84078. Boasting 4,993 square feet of net rentable space on a spacious 1.83-acre lot, this single-story building presents a compelling investment. Originally constructed in the 1970s, the property has undergone significant renovations in 1985 and most recently in 2023, ensuring modern functionality and appeal. Currently vacant, this restaurant is ready for immediate occupancy, complete with all necessary equipment included in the sale. The asking price is $1,400,000, translating to $280.39 per square foot. The property's prime location is poised to benefit from Vernal's growing population and influx of workers, making it an excellent choice for an owner-user seeking to establish a thriving business. Square footage is an estimate obtained from county records
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $425,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $480,000
- Mixed-Use
- $485,000
- Hospitality
- $470,000
- Educational
- $360,000
- Residential Income
- $370,000
- Energy
- $410,000
- Income-Based Land
- $450,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Vernal
- County
- Uintah
- State
- Utah
- Longitude
- -109.529
- Latitude
- 40.5047
- CBSA code
- 46860
- CBSA name
- VERNAL, UT MICROPOLITAN STATISTICAL AREA
