For Sale
$3,600,000

384 500American Fork, UT 84003

2.28 Acres, GC-2 Zoning, $3.6M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2.28-acre commercial land parcel in American Fork, Utah, presents a remarkable investment opportunity. Located at 384 S 500 E, American Fork, UT 84003 (APN 130510058), this property boasts a highly desirable GC-2 zoning designation. The land is priced at $3,600,000, translating to $36.25 per square foot. Its strategic location offers quick access to I-15, ensuring high visibility and convenient access for businesses. The property's potential is further enhanced by its placement at a lighted intersection, maximizing exposure. The zoning allows for a wide range of commercial uses, including gas stations, auto sales, office spaces, retail establishments, and fast-food restaurants, among others. The site could potentially be subdivided into two lots, approximately 0.71 acres and 1.21 acres, providing flexibility for development. Furthermore, its designation as an Opportunity Zone presents additional investment incentives. This prime location and versatile zoning make this property an ideal choice for developers and investors seeking a high-impact commercial venture in a thriving Utah County market. Don't miss this chance to acquire a significant piece of American Fork's commercial landscape.

Highlights

  • 2.28-acre commercial land parcel, potentially subdividable into two lots (approx. 0.71 acres and 1.21 acres).
  • Located on 500 East in American Fork, UT.
  • Excellent I-15 access.
  • GC-2 zoning.
  • Approved uses include gas stations, auto sales, office, retail, and fast food.
  • High-visibility location at a lighted intersection.

Property Details for 384 500

Property type
Land
Lot Size (sq. ft)
99,317 SF

Location Insight

City
American Fork
County
Utah
State
Utah
Latitude
40.36879376
Longitude
-111.78528364
384 500, American Fork, Utah

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384 500
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