Property profile

45 State St Joseph, UT 84739

OFF-MARKET
Retail space
Property ID
US86-1282686
1.32 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.2-acre property in Joseph, UT, presents a unique investment opportunity. The offering includes a thriving gas station and convenience store, a 22-stall RV park complete with laundry facilities and bathrooms/showers, and a separate cabin. The gas station boasts a popular breakfast and lunch counter, attracting a significant daily customer base. Recent upgrades include newer self-serve gas pumps and canopy lights. The RV park features a newer pavilion ideal for gatherings and events. This property benefits from its strategic location, being the first gas station for 45 miles south of I-70, off I-15. Its proximity to popular outdoor recreation areas like the Paiute ATV trail, Fish Lake, Otter Creek, and nearby hot springs ensures a steady stream of tourists and outdoor enthusiasts. The convenience of being close to Richfield for additional amenities further enhances its appeal. The property consists of two parcels sold together, providing ample space for expansion or future development. Note that certain items, including a wood-burning stove, pavilion, refrigerators, freezers, pictures, frames, and ring doorbells are excluded from the sale. The camera system remains with the property. This turnkey business presents a rare chance to acquire a well-established and profitable enterprise in a highly desirable location. The asking price is $725,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 1.32 ac (57,499 SF)
APN 2-J9-34
UPID US86-1282686

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
  • Grocery & Convenience Store
  • Grocery & Convenience Store

Location

45 State St Joseph, UT 84739-1124
Joseph metro Census 975500
Google Maps

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 2023
1 recorded transaction
2023
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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