For Sale
$7,103,686

1906 Sr 164Spanish Fork, UT 84660

9-Acre I-15 Commercial Land, Utah

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 9.059-acre commercial land parcel presents a prime investment opportunity in Spanish Fork, Utah. Strategically located at the northeast corner of I-15 and Route 164 (8000 South), this property offers unparalleled access and visibility. Currently zoned RA-5 in Utah County, the land boasts significant development potential, further enhanced by its proximity to major transportation arteries and planned growth areas. The asking price is $7,103,686, translating to approximately $18 per square foot. A key advantage is the inclusion of 7 acre-feet of SVP Irrigation Water, a valuable asset for various development projects. Situated less than a mile from the new Revere Health facility in Salem, this location benefits from the area's expanding infrastructure and burgeoning healthcare sector. The property's adjacency to an I-15 on/off ramp ensures high traffic visibility and convenient access. The parcel's APN is 25-036-0070. The general plan for annexation in the area further underscores the long-term growth potential of this exceptional investment opportunity. This is a rare chance to acquire a significant land holding in a rapidly developing area.

Highlights

  • 9.059-acre commercial land parcel in Spanish Fork, UT, at I-15 and Route 164.
  • Zoned RA-5, with high development potential due to location and planned growth.
  • Asking price: $7,103,686 ($18/SF).
  • Includes 7 acre-feet of SVP Irrigation Water.
  • Less than one mile from new Revere Health facility in Salem.
  • High visibility and convenient access due to I-15 on/off ramp proximity.

Property Details for 1906 Sr 164

Property type
Land
Lot Size (sq. ft)
394,610 SF

Location Insight

City
Spanish Fork
County
Utah
State
Utah
Latitude
40.085392845703
Longitude
-111.70025653779
1906 Sr 164, Spanish Fork, Utah

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1906 Sr 164
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