Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    996 E 200 N Roosevelt, UT 84066

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    996 E 200 N Roosevelt, UT 84066

    View on Map
    • Commercial real estate
    • 0.79 lot acres
    For Sale
    $1,409,000
    View Listing →
    Retail Property in Roosevelt, UT For Sale
    $1,409,000
    2,593 SF

    Retail Property in Roosevelt, UT

    2,593 SF retail property available for sale.

    996 E 200 N, Roosevelt, UT
    View Listing
    Property ID
    US86-1179789
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pizza Hut / Take-out & Catering

    Property Details for 996 E 200 N

    Year built
    1983
    Lot size
    0.79 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located in Roosevelt, Utah. The property boasts a prime location directly off U.S. Highway 191 at a hard corner intersection, ensuring excellent visibility and accessibility for customers. Built in 1983, this 0.79-acre property features a single-story building with a 100% occupancy rate. The current lease with Pizza Hut has a remaining term of 14.7 years, providing long-term stability and predictable cash flow. The lease includes annual rent bumps of 1.50%, offering protection against inflation. The property generates a substantial net operating income (NOI) of $97,200, resulting in an attractive 7.00% cap rate. This makes it an ideal addition to any diversified real estate portfolio seeking strong returns and minimal management responsibilities. The property's strategic location within a thriving retail corridor and its association with a nationally recognized brand like Pizza Hut contribute to its exceptional investment potential. The asking price for this lucrative opportunity is $1,388,605. This is a rare chance to acquire a well-established, high-performing commercial property in a desirable location. The property's strong fundamentals and long-term lease make it a compelling investment for discerning buyers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roosevelt
    County
    Duchesne
    State
    Utah
    Longitude
    -109.9772931
    Latitude
    40.3019305

    Comparable in this City

    • Contact for pricing
      2,593 SF

      Retail Property in Roosevelt, UT

      2,593 SF retail property available for sale.
      996 E 200 N, Roosevelt, UT 84066
      View Details
    • Contact for pricing
      4,000 SF

      Functional Bulk Plant For Sale

      Rare, renovated bulk plant with highway frontage on large lot.
      1833 S 2000 W, Roosevelt, UT 84066
      View Details
    • $525,000
      1.95 Acres

      Unique Ballard Industrial Property

      Historic Barn/Rink, 1.95 Acres, Huge Potential
      3939 Highway 40, Ballard, UT 84066
      View Details
    • $180,000
      1.23 Acres

      Roosevelt Commercial Land For Sale

      1.23 acre commercial land on a busy highway.
      W N, Roosevelt, UT 84066
      View Details
    • Contact for pricing
      12,000 SF

      Roosevelt Event Center For Sale

      Multipurpose event venue with many potential business opportunities.
      1024 Highway 40 W, Roosevelt, UT 84066
      View Details
    • $79,750
      10.00 Acres

      Roosevelt Land with Recreational Potential

      10-acre Roosevelt, Utah retreat with recreational opportunities and mountain views.
      Roosevelt, UT 84066
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,593 SF

      Retail Property in Roosevelt, UT

      2,593 SF retail property available for sale.
      996 E 200 N, Roosevelt, UT 84066
      View Details
    • Contact for pricing
      4,000 SF

      Functional Bulk Plant For Sale

      Rare, renovated bulk plant with highway frontage on large lot.
      1833 S 2000 W, Roosevelt, UT 84066
      View Details
    • $525,000
      1.95 Acres

      Unique Ballard Industrial Property

      Historic Barn/Rink, 1.95 Acres, Huge Potential
      3939 Highway 40, Ballard, UT 84066
      View Details
    • $180,000
      1.23 Acres

      Roosevelt Commercial Land For Sale

      1.23 acre commercial land on a busy highway.
      W N, Roosevelt, UT 84066
      View Details
    • Contact for pricing
      12,000 SF

      Roosevelt Event Center For Sale

      Multipurpose event venue with many potential business opportunities.
      1024 Highway 40 W, Roosevelt, UT 84066
      View Details
    • $79,750
      10.00 Acres

      Roosevelt Land with Recreational Potential

      10-acre Roosevelt, Utah retreat with recreational opportunities and mountain views.
      Roosevelt, UT 84066
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    996 E 200 N
    Roosevelt, UT 84066
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!