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Property profile & analytics
OFF-MARKET
Commercial real estate

991 100 Richfield, UT 84701

2,143 SF 0.15 ac lot Built 1985
Property ID
US86-1133408
Property summary
AI-generated overview

This exceptional Richfield, Utah property offers a unique blend of commercial and residential space, ideal for investors and business owners. The 2,143 square foot building sits on a 0.15-acre lot and features a main floor of 1,183 square feet, encompassing three private offices and a welcoming waiting area. Seven uncovered parking spaces are available, with potential for expansion using the existing north-side patio. Adding to its versatility, a 640 square foot studio apartment includes separate heating and air conditioning, perfect for live-work arrangements or rental income. A 320 square foot single-car garage provides additional storage or parking. Built in 1985, this single-story building presents a compelling investment opportunity at $419,000. The property's prime commercial location in Richfield, Utah, ensures strong potential for return on investment, whether utilized as a single business location or a mixed-use property. The combination of office space, studio apartment, and ample parking makes this a rare and attractive offering in the current market. The property's layout and features provide flexibility for a variety of business and residential uses.

Property profile
Verified
Property type Commercial real estate
Year built 1985
Total area 2,143 SF
Lot 0.15 ac (6,534 SF)
UPID US86-1133408
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
  • JK Black Homes Architectural Designer Drafting Service
  • Mr. David Jensen Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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