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Property profile & analytics
FOR SALE
Retail space
55 400, Vernal, UT 84078
Entity Owned
3-yr Hold
Free & Clear
Property ID
US86-1124370
For Sale
1 / 21
$340,000
55 400, Vernal, UT 84078
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Property summary
AI-generated overview
This exceptional commercially zoned property at 55 400, Vernal, UT, presents a unique investment opportunity. Priced at $350,000, this charming building offers significant potential for various uses. The main level boasts convenient handicap accessibility via a rear entrance. A significant advantage is the property's prime location, situated near Main Street, ensuring high visibility and accessibility. The property includes a substantial 0.3-acre lot, providing ample parking space behind the building and adjacent to the two-car garage. This garage is a versatile space, fully carpeted and insulated, complete with its own HVAC system, making it ideal for additional office space or storage. Adding to the property's appeal is a fully functional basement apartment, featuring two bedrooms and one bathroom, with two separate exterior access points. This apartment offers additional income potential or could serve as staff housing. The square footage is available upon request. All information provided is deemed reliable but not guaranteed
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.3 ac (13,068 SF)
APN
05:023:0084
UPID
US86-1124370
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
-
Split Mountain Insurance-American National Insurance Insurance Agency
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
Bastia Family Properties · 3 yrs held
Bastia Family Properties
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vernal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernal submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,915
Tax year 2023
Assessed value
$204,957
Assessed 2023
Previous assessed
$202,222
+1.4% YoY
Effective rate
0.93%
On assessed value
Assessed land
$93,916
Assessed improvement
$111,041
Land market value
$93,916
Improvement market value
$111,041
Total market value
$204,957
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Stories
1
Lot
0.3 ac (13,068 SF)
APN
05:023:0084
UPID
US86-1124370
Jurisdiction
UINTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Bastia Family Properties
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 208, MINERSVILLE, UT 84752-0208
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
—
Bastia Family Properties
Iron Fire Properties LLC
Warranty Deed
—
Sep 14, 2012
—
Iron Fire Properties LLC
Mike Gudac
Warranty Deed
—
Oct 6, 2008
—
Mike Gudac
John A Lambroff
Warranty Deed
$218,400 · Mountain America FCU
Jun 20, 2006
—
John A Lambroff
John A Lambroff
Intrafamily Transfer
related
—
Jun 7, 2006
—
John A Lambroff
Cort Mckee
Warranty Deed
$178,000 · Zions First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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