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Commons at Wasatch Springs 1068 W Wasatch Spring Rd 1,786 SF Vacant 4-Star Office Building Kamas, UT 84036 $850,000 ($475.92/SF)

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INVESTMENT HIGHLIGHTS

  • Off Hwy 248 and Jordanelle Pkwy
  • 6 minutes to the new Deer Valley East Village Resort
  • 1/4 of a mile from Park City border

EXECUTIVE SUMMARY

The Commons at Wasatch Springs is attracting some of the biggest business players from the Wasatch Back who are already on the ownership roster looking to establish a presence in this prime location. The Highest and Best Use Report identifies this site for Retail, Restaurant, and Office use.
Conveniently located just 6 minutes from Deer Valley East Village, Jordanelle Reservoir, Park City, Kamas, and Heber City, it stands out as one of the few commercial zones on the East side of the Jordanelle. Additionally, the Black Rock Ridge Hotel and its new Ice Arena are situated right across Highway 248.
With new construction completed in 2024, we offer both “warm shell” and “finished” Build to Suit options. The base price for warm shell delivery starts at $850,000, while finished interior delivery ranges from $1,050,000 to $1,300,000.
For inquiries, please contact Listing Agent Jonathan Crosswhite at 435-659-4757.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Office
Building Size
1,786 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$850,000
Price Per SF
$475.92
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
893 SF
Building FAR
1.37
Lot Size
0.03 AC
Zoning
Neighborhood Commercial - Neighborhood Commercial - Permitted Uses include Retail, Office, and Restaurant.
Parking
8 Spaces (4.48 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Signage
  • Listing ID: 32783675

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 1068 W Wasatch Spring Rd, Kamas, UT 84036

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