This exceptional 2.64-acre commercial land parcel in Roy, Utah, presents a unique investment opportunity. Located at 4070 S Midland Dr, 84067, this property boasts a highly desirable location adjacent to established national retail tenants, ensuring high visibility and foot traffic. The land is zoned for retail and office development, offering flexibility for a variety of commercial projects. With a total square footage of 114,998 and an asking price of $1,494,974 ($13 per square foot), this property offers significant potential for return on investment. The site is conveniently accessible via three points of entry, enhancing functionality and ease of development. Furthermore, the property is divisible, with the option to purchase the northern 1.33-acre parcel for $579,348 or the southern 1.31-acre parcel for $570,636. The mixed-use zoning (Commercial-Residential) allows for diverse development possibilities, catering to a wide range of commercial and potential residential needs. This prime location in Weber County, Utah, offers unparalleled access to a thriving community and robust infrastructure, making it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly sought-after commercial land parcel in a rapidly growing area. Contact us today to learn more about this exceptional opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,376,330
6.5%
$1,270,460
7%
$1,179,710
Comparable approach
Method
Valuation
Relative Method
$977,227
Geo Method
$977,227
Alternative Use
Use
Valuation
Industrial / Distribution
$2,431,740
Mixed-Use / Specialty
$1,284,420
Hospitality / Lodging
$966,424
Office
$1,296,060
Institutional / Educational
$1,341,890
Residential Income
$1,570,020
Multifamily
$1,780,440
Automotive / Energy
$1,150,190
Parking / Income-Based Land
$378,643
Restaurant / Food Service
$707,516
Healthcare / Senior Housing
$1,298,180
Location Insight
City
Roy
County
Weber
State
Utah
Latitude
41.1892
Longitude
-112.049
CBSA code
36260
CBSA name
OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
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Midland Dr Roy, UT 84067
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Midland Dr Roy, UT 84067
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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