$3.449M OBO. 3% commission to Buyer's Agent. Zoned Neighborhood Commercial.
Now accepting backup offers. Every offer should include, at minimum, the following: purchase price, inspection / due diligence period (We prefer shorter than longer), earnest money (We prefer a portion to be immediately non-refundable), and broker commission.
In an effort to help with the decision-making process, here is a data room link. The data room has information on utilities, appraisal, geotech, traffic, demographics, lease agreement and much, more so be sure to check it out:
(use either DropBox or Google Drive).
DropBox: https://www.dropbox.com/scl/fo/idsvk7hfe8ed151tq3v3q/AJHfWP2XQpXRQVbzbKN4-fY?rlkey=enc950d4nb4kdgfwif5oz846t&dl=0Google Drive: https://drive.google.com/drive/folders/1kH1mhORsrJSzzAshmgz82VPkKNXELkhK?usp=drive_link
Please reach out anytime with questions or if you want us to add something to the data room.
This highly visible COMMERCIAL 6.43 acre property runs along the southbound I-15 exit #253. It can also be seen from Northbound I-15. This is a high-traffic area with around 63,000 average daily vehicle traffic. This exit is between South Spanish Fork and North Salem which are both high-growth areas with around 5000 new units planned. This is a perfect location for a gas station, drive-thru restaurant, storage units, retail shopping center, equipment rental company or any business that could benefit from high traffic and high visibility.
Address: 7867 S 2000 W Spanish Fork, UT 84660. Utilities ARE available. Sale Includes 6.43 acres with 1,200 sq ft house (which can be used as a residence or as a front office) and 2,000 sq ft insulated and heated shop building. The shop has one 16'x16' automatic garage door, one 10'x10' automatic garage door, 2 man doors, 220V power and has 19' tall ceiling height. There is also a freestanding detached garage (550 sq ft) next to the house. The property has recently been rezoned as Neighborhood Commercial. There are 2 approved and completed accesses to the property. The sale includes 6.962 acre-feet of culinary water rights.
The 6.43 acres of land consists of 2 parcels which are currently under the jurisdiction of Utah County. Utah County officials have allowed the 2 parcels to be treated as one for development but they want to keep both parcel numbers on record because they are in 2 separate taxing districts. There is a recorded boundary description that combines both parcels. The sample site plan and engineer-stamped civil plans have been approved by the County. It will be simple to modify the existing civil plans to meet the buyer's needs. These civil plans include an engineered and approved septic system for a 50,000 sq ft building. 3 phase electrical power is already paid for and is being brought to the property. There is an existing well to the house with 6.962 acre-feet of culinary water rights. If a public water supply is needed the neighboring property (Shooters Soccer Club) has an under-utilized public water supply well and they are willing to enter into a well-sharing agreement.
Seller is a General Contractor willing to remodel or Build to Suit at a discounted rate.