149 200Fairfield, UT 84013

Property Details for 149 200

Year built

1980

Lot size

0.82 AC

Property size (Sq ft)

2,274 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

59-037-0088

APU

590370088

Description

This exceptional 0.82-acre commercial property located at 149 S 200 E in Cedar Fort, Utah (zip code 84013), presents a unique investment opportunity. Currently zoned for retail use, this land boasts a prime location, strategically positioned as the only convenience store within a 10-mile radius. The property includes a functioning gas station with three fiberglass/reinforced plastic fuel tanks in excellent condition. The seller is willing to share established vendor contacts, streamlining the transition for a new owner. This site is ideally suited for a variety of commercial developments, including a convenience store, restaurant, or truck stop, capitalizing on the significant growth in the area. The property's proximity to major employers further enhances its appeal. It's just two miles and ten minutes from the Tyson Foods facility, employing 1,200 people, and twelve minutes from a Facebook data center. New housing developments are underway, promising a substantial increase in the local population and consumer base. The asking price for this remarkable property is $895,000. This is a rare chance to establish a thriving business in a rapidly expanding market. Don't miss this opportunity to secure a piece of Utah's burgeoning commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $883,148

  6.5%

  $815,213

  7%

  $756,984

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,148,102

  Geo Method

  $1,148,102

• Alternative Use

  Use

  Valuation

  Residential

  $687,663

  Hospitality

  $629,895

  Educational

  $524,066

  Medical

  $542,089

  Retail

  $815,213

Location Insight

City

Cedar Valley

County

Utah

State

Utah

Latitude

40.325

Longitude

-112.102

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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