89 800Ephraim, UT 84627

Property Details for 89 800

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Ephraim

County

Sanpete

State

Utah

Latitude

39.3503

Longitude

-111.588

FAQs

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