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89 800Ephraim, UT 84627

Prime UT development land, retail & office.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial land parcel presents a unique investment opportunity in Ephraim, Utah's thriving Sanpete County. Located on Highway 89, this property is part of a 240-acre master-planned community, Ephraim Crossing, strategically positioned in the heart of the county's largest city. The site offers various development possibilities, including retail and office spaces, with drive-thru options available. Pricing ranges from $11.00 to $15.00 per square foot for general commercial use, and $4.00 to $6.00 per square foot for grocery-only spaces. The area benefits from significant growth, including over 700 new households being created within Ephraim Crossing through single-family homes, townhomes, and apartments. Snow College, with approximately 6,000 students and an expanding four-year degree program, is a major contributing factor to the area's economic vitality. Further enhancing the area's appeal is the construction of the Ephraim LDS Temple (projected completion 2025) and the recent acquisition of 35 acres by IHC for a new trauma center hospital with life flight capabilities. A new connecting intersection to Ephraim Canyon provides convenient access to the Arapeen ATV Trail and other outdoor recreational activities. This property offers unparalleled potential for developers seeking to capitalize on Ephraim's robust growth and strong community infrastructure.

Highlights

  • Sales price: $11.00 - $15.00 per square foot (PSF).
  • Grocery-anchored space: $4.00 - $6.00 PSF.
  • Drive-thru potential available.
  • Retail shop space available for lease.
  • New intersection connecting to Ephraim Canyon.
  • High-traffic location on Hwy 89 in central Sanpete County.

Property Details for 89 800

Property type
Land

Location Insight

City
Ephraim
County
Sanpete
State
Utah
Latitude
39.35034
Longitude
-111.588346
89 800, Ephraim, Utah

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89 800
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