950 1250Richfield, UT 84701

Property Details for 950 1250

Lot size

1.49 AC

Property type

Retail properties

Property subtype

Drive through restaurants

APN

1-7-91

APU

1791

Description

This exceptional commercial land opportunity in Richfield, Utah, presents a prime location for retail development. The property, situated at 950 W 1250 S, offers flexible options for both sale and lease. Several parcels are available, ranging in size from 0.45 acres to 2.06 acres, with total square footage options from 19,602 to 89,733 square feet. Ideal for retail pads, build-to-suit retail spaces, restaurants, or drive-thru establishments, this high-traffic location provides excellent visibility and accessibility. For sale options include a 0.45-acre parcel for $349,000, a 1.48-acre parcel for $902,563, and a 2.06-acre parcel for $897,336. Lease options are also available, with rates ranging from $7 per square foot annually for a 0.45-acre parcel, $18 per square foot annually for a 1.48-acre parcel, and $25 per square foot annually for a 2.06-acre parcel. The property is located in Sevier County, Utah, zip code 84701. Detailed demographic information and additional property specifics are available in the property brochure. This is a rare opportunity to secure a prominent commercial location in a thriving market. Contact us today to learn more.

• CAP approach

  CAP return

  Valuation

  6%

  $25,563,974

  6.5%

  $23,597,514

  7%

  $21,911,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $32,768,862

  Geo Method

  $32,768,862

• Alternative Use

  Use

  Valuation

  Residential

  $19,905,386

  Hospitality

  $18,233,226

  Educational

  $15,169,830

  Medical

  $15,691,544

  Retail

  $23,597,514

Location Insight

City

Richfield

County

Sevier

State

Utah

Latitude

38.7506

Longitude

-112.101

Property Tax & Assessments

FAQs

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