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910 S 300 w
Santaquin, UT 84655
15.98 Acres of Commercial Land · Land For Sale
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15.98 AC
INVESTMENT HIGHLIGHTS
- 900 Feet of I-15 Frontage
- $7/SF
- Land bank opportunity
- Zoned Commercial
- Potential infrastructure reimbursements via tax credits by the City
EXECUTIVE SUMMARY
Ideas for the land development could include but are not limited to:
Theater/Entertainment... Perhaps a Megaplex!
Big Box Grocery Store... Perhaps a Harmons or a Smith's Marketplace
Strip Mall
Retail Pads
Restaurant Pads
Professional Office Use
Possible Gas Station on a section of land
Hotels
Assisted Living Facility
!!!ADDITIONAL LAND ALSO FOR SALE THAT TOUCHES THE 15.97 ACRES!!!
This listing is provided by the owner's listing agents who are Matt Garlick and Truett Chamberlain who are agents with Berkshire Hathaway Commercial Real Estate.
Matt Garlick ... 801-836-0494 ... mattgarlick@utahproperties.com
Truett Chamberlain ... 801-361-5855 ... truett.chamberlain@gmail.com
Offering a 2.5% BAC
Drone Video Link: https://www.youtube.com/watch?v=fYrYwaW_zL8&list=PL_4IMxs6tKcSviOTtozb4R7H6fsahvwPl&index=17&t=3s
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 15.98 AC |
| Property Type | Land | Cross Streets | Memorial Highway |
| Property Subtype | Commercial | ||
| Zoning | C-1 - Freeway commercial. | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 15.98 AC |
| Cross Streets | Memorial Highway |
| Zoning | C-1 - Freeway commercial. |
1 LOT AVAILABLE
Lot
| Price | $6,739,386 CAD | Lot Size | 15.98 AC |
| Price Per AC | $421,738.81 CAD |
| Price | $6,739,386 CAD |
| Price Per AC | $421,738.81 CAD |
| Lot Size | 15.98 AC |
Irregular shape. Frontage on Ridge Farms Road.
DESCRIPTION
For the first time since 2018, now is your chance to purchase 15.97 acres of premium commercially zoned land with I-15 freeway frontage in Santaquin, UT. Listed at $7/SF, this land purchase and development opportunity is full of equity upside potential. The city is motivated to get more commercial development to the area, so the city has already changed the zone code to commercial use. Not only that, but the city is willing to grant infrastructure reimbursements via tax credits depending on the level of commercial build out approved by the city. You will notice in the photos a concept plan of how this area could look (it is giving Vineyard, UT vibes... if you know you know). Ideas for the land development could include but are not limited to: Theater/Entertainment... Perhaps a Megaplex! Big Box Grocery Store... Perhaps a Harmons or a Smith's Marketplace Strip Mall Retail Pads Restaurant Pads Professional Office Use Possible Gas Station on a section of land Hotels Assisted Living Facility !!!ADDITIONAL LAND ALSO FOR SALE THAT TOUCHES THE 15.98 ACRES!!! Offering a 2.5% BAC
PROPERTY TAXES
| Parcel Number | 32-017-0182 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,052,620 CAD | Total Assessment | $2,052,620 CAD |
PROPERTY TAXES
