6990 Highway 38Honeyville, UT 84314

Property Details for 6990 Highway 38

Year built

1938

Lot size

0.13 AC

Property size (Sq ft)

3,075 SF

Property type

Office properties

Property subtype

Office buildings

APN

04-019-0117

APU

40190117

Description

This exceptional commercial property in Honeyville, UT, presents a unique investment opportunity. Situated on 0.13 acres at 6990 HWY 38, this property boasts a fully operational gas station and a spacious market, strategically located along a busy route to the popular Crystal Hot Springs. The market area offers significant versatility for various retail ventures, while the gas station ensures a consistent customer flow. Ample storage space is available to accommodate inventory and operational needs. A modern, small kitchen is included, providing the potential for adding food service. Most of the essential equipment will remain with the property, facilitating a seamless transition for the new owner. The property is listed at $550,000, and seller financing is available. While the exact square footage is currently unknown, potential buyers are encouraged to conduct their own independent measurement. This turnkey operation offers immediate income potential and significant growth opportunities. Don't miss this chance to own a thriving commercial business in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $812,219

  6.5%

  $749,740

  7%

  $696,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $616,076

  Geo Method

  $616,076

• Alternative Use

  Use

  Valuation

  Residential

  $929,678

  Hospitality

  $851,580

  Educational

  $708,505

  Medical

  $732,871

  Retail

  $1,102,118

Location Insight

City

Honeyville

County

Box Elder

State

Utah

Latitude

41.6366

Longitude

-112.079

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].