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384 South 500 East - 2.28 Acre Commercial Land | American Fork

2.28 Acres of Commercial Land Offered at $3,600,000 in American Fork, UT 84003

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INVESTMENT HIGHLIGHTS

Opportunity Zone

Easy access to I-15

AF_384 S 500 E 4.18.24

PROPERTY FACTS

Price	$3,600,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Auto Dealership Auto Repair Bowling Alley Daycare Center Fast Food Hotel
No. Lots	1	Total Lot Size	2.28 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$3,600,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Auto Dealership Auto Repair Bowling Alley Daycare Center Fast Food Hotel
Total Lot Size	2.28 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price	$3,600,000	Lot Size	2.28 AC
Price Per AC	$1,578,947.37

Price	$3,600,000
Price Per AC	$1,578,947.37
Lot Size	2.28 AC

Approximately 2.28 acres Potentially 2 lots: ~.74 acre and ~1.21 acre Along 500 East in American Fork Quick access to I-15 Signaled Intersection Opportunity Zone

DESCRIPTION

2.28 Acres Quick access to I-15 Zoned GC-2 Approved uses: Gas Stations, Auto Sales, etc Lighted Intersection Opportunity Zone

ZONING

Zoning Code	GC-2 (Commercial zone to provide an area in which is congruous mixture of retail and wholesale commercial, warehousing and related uses.)
GC-2 (Commercial zone to provide an area in which is congruous mixture of retail and wholesale commercial, warehousing and related uses.)

(801) 901-0303

CONTACTS

Dan Ford
Tim Simonsen
Colliers

Listing ID: 26323220
Date on Market: 8/3/2022
Last Updated:
Address: 384 South 500 East, American Fork, UT 84003

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384 South 500 East, American Fork, UT for sale Aerial- Image 1 of 8 — AF 384 500 E 1

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384 South 500 East, American Fork, UT for sale Aerial- Image 3 of 8 — AF 384 500 E 3

384 South 500 East, American Fork, UT for sale Aerial- Image 4 of 8 — AF 384 500 E 4

384 South 500 East, American Fork, UT for sale Aerial- Image 5 of 8 — AF 384 500 E 5

384 South 500 East, American Fork, UT for sale Aerial- Image 6 of 8 — AF 384 500 E 6

384 South 500 East, American Fork, UT for sale Aerial- Image 7 of 8 — AF 384 500 E 7

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