1000 300Santaquin, UT 84655

Property Details for 1000 300

Lot size

10.19 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 10.19-acre commercial parcel in Santaquin, Utah, presents a remarkable investment opportunity. Strategically located with high visibility from Interstate 15, this property is zoned C-1 for commercial use, offering immediate development potential. The parcel, identified by APN 32:017:0005, is part of a larger 112-acre area, with adjacent land also available for purchase, allowing for significant expansion possibilities. Santaquin City's vision for the area includes a variety of commercial uses, such as a shopping plaza, big-box retail, restaurants, and entertainment venues. This presents a unique chance to capitalize on the growth trajectory of Utah County, which is expanding southward and westward from Provo/Orem. A ground lease option is available, with terms negotiable based on the proposed use and lease duration. The asking price is $3,107,134.80. This property offers a compelling combination of location, zoning, and potential, making it an ideal investment for developers seeking a high-impact commercial project in a rapidly growing area. A drone video showcasing the property is available online.

Location Insight

City

Santaquin

County

Utah

State

Utah

Latitude

39.9553

Longitude

-111.804

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