2087 Main StNephi, UT 84648

Property Details for 2087 Main St

Lot size

0.67 AC

Property type

Other commercial real estate

APN

XA00-2506-B3C

APU

XA002506B3C

Description

This exceptional 3.97-acre commercial land parcel presents a prime redevelopment opportunity in Nephi, Utah. Located on Main Street, near the I-15 interchange, this property boasts high visibility and significant traffic counts. The site includes an existing 10,300 square foot retail building, providing immediate income potential or a foundation for future development. The land is zoned C, offering flexibility for a variety of commercial uses. With a land value of $12 per square foot, the asking price is $2,100,000. The property's strategic location benefits from excellent access to I-15, with a daily traffic count of 36,286 vehicles, and Main Street sees 2,311 vehicles daily. A prominent pylon sign, visible from I-15, further enhances visibility and marketing potential. This property is ideal for investors seeking a high-traffic location with significant redevelopment potential in a growing Utah community. The combination of existing infrastructure and prime location makes this a truly unique investment opportunity. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $8,912,530

  Hospitality

  $8,163,830

  Educational

  $6,792,210

  Medical

  $7,025,804

  Retail

  $10,565,660

Location Insight

City

Nephi

County

Juab

State

Utah

Latitude

39.6777

Longitude

-111.84

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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