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    OFF-MARKET
    Retail space

    45 State St, Joseph, UT 84739-1124

    1.32 ac lot
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US86-1282686
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Flying U Country Store Grocery & Convenience Store
    • Flying U Country Store and RV Park Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jaycob Blonquist · 2 yrs held
    Jaycob Blonquist
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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