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Property profile & analytics

975 Main St Richfield, UT 84701

  • Auto shops
  • 0.50 lot acres
Value Estimation
Last Sale
Jan 05, 2022
Location Intelligence
Property ID
US86-0961755
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

  • Auto shops

Property Details for 975 Main St

Lot size
0.50 lot acres
Property type
Auto shops
APN
1-2-52
APU
1252

Description

This exceptional investment opportunity presents a 3,280 square foot auto service shop located at 975 N Main St, Richfield, UT 84701. The property, built in 1996, sits on a 0.5-acre lot and features a two-story building with a main level of 1,960 square feet, including a 304 square foot office, and a 1,320 square foot basement. The shop boasts a full three-bay pass-through design, complete with pits in each bay, providing ample space for efficient vehicle servicing. The asking price is $850,000, or a lease is available at $60,000 annually (NNN), commencing June 1st, 2024. This single-tenant property benefits from a high-traffic location, surrounded by established businesses such as Subway, Arby's, Flying J, IFA, Best Western, and Mountain America Credit Union, ensuring strong visibility and customer accessibility. The property's APN is 0164844. This turnkey operation presents a compelling opportunity for an established auto service business or a savvy investor seeking a strong return. The property's size, layout, and prime location make it an attractive proposition for a variety of automotive-related businesses. The price per square foot is $259.15.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $345,000
  • CAP approach

    CAP return
    Estimation
    6%
    $435,000
    6.5%
    $410,000
    7%
    $440,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $430,000
    Geo Method
    $390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $440,000
    Retail
    $350,000
    Mixed-Use
    $460,000
    Hospitality
    $425,000
    Educational
    $430,000
    Residential Income
    $420,000
    Energy
    $440,000
    Income-Based Land
    $405,000
    Food Service
    $420,000

Location Insight

  • Map
  • Local Demand
City
Richfield
County
Sevier
State
Utah
Longitude
-112.085
Latitude
38.7817

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
$5,028
$161,717
$341,110
$502,827
-
$161,717
$341,110
$502,827
More about this property
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