Richfield, UT 84701,1075 S 75 E
Richfield, UT 84701,1075 S 75 E
Richfield, UT 84701,1075 S 75 E
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The Perry Group

The Perry Group

+1(801) 871-5259
Listed by KW Ascend Keller Williams Realty
$950,000
Est. payment /mo
7,450 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other - See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 7,450 sqft

Price per Sqft $127

MLS Listing ID 25-267148

Year Built 2001

Annual Tax Amount $8,323

Lot Size 0.880 Acres

Acres 0.88

Property Sub-Type Other - See Remarks

Property Description

Prime commercial building with auto shop and three income-producing tenants. It sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed at other sites. Three spaces currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25%, depending on buyer structure and if the business is acquired alongside the

Location

State UT

County Other

Area Outside Area

Zoning Commercial,Industrial

Building

Story 2.0

Others

Tax ID 3-23-1 01

Ownership Michael Turner

Acceptable Financing Exchange, Submit Any Offer, Seller Financing

Listing Terms Exchange, Submit Any Offer, Seller Financing

Special Listing Condition ERS

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Nearby School & Business
SCHOOLSPROPERTIES
Elementary Schools 4
  • 6

    Pahvant School

    Public | 3 - 5

  • 0

    Cedar Ridge High School

    Public | KG - 12

  • 0

    Ashman School

    Public | KG - 3

  • 0

    Sevier Connection Online

    Public | KG - 12

Middle Schools 2
  • 5

    Red Hills Middle School

    Public | 6 - 8

  • 0

    Fieldstone Academy

    Private | 6 - 12

High Schools 1
  • 5

    Richfield High School

    Public | 9 - 12

School and business data provided by Attom Data.

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+1(801) 871-5259
1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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1075 S 75 E