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525 Sheep Ln dr - Red Cliffs Storage Yard 696,960 SF Specialty Building Offered at $3,500,000 in Nephi, UT 84648
INVESTMENT HIGHLIGHTS
- 16 Acres: 15 Fenced (7 Paved), 1 Acre Expansion Area
- Up to $190K Annual Rental Income (Storage Only)
- Security Cameras, Automated Gate, Rental Software
- 172 Outdoor Storage Spaces + 7 Billboard Leases
- Utilities In Place: Power, Water, Sewer, Gas, Fiber
- Near I-15 Exit 222 & Utah Inland Port Rail Access
EXECUTIVE SUMMARY
For Sale: Prime 16-Acre Storage Yard at I-15 Exit 222 – Nephi, UT | Asking Price: $3,500,000
This versatile investment features 172 newly constructed outdoor storage spaces, plus 7 billboards with existing lease income. Fifteen fenced acres (7 paved, 8 shovel-ready) provide expansion potential for covered parking, enclosed units, or additional uses.
The site includes full utility access (power, gas, water, sewer, fiber), a security system with cameras, an automated gate, and rental management software.
Located just off I-15 in the path of Inland Port growth, with proximity to rail lines and Bar W developments. Over $1.5M invested in site prep and infrastructure. Ideal for owner-users, value-add investors, or 1031 buyers.
Ideal for RV or boat storage operators, owner-users, or investors looking for a high-exposure asset with immediate and long-term income potential.
This versatile investment features 172 newly constructed outdoor storage spaces, plus 7 billboards with existing lease income. Fifteen fenced acres (7 paved, 8 shovel-ready) provide expansion potential for covered parking, enclosed units, or additional uses.
The site includes full utility access (power, gas, water, sewer, fiber), a security system with cameras, an automated gate, and rental management software.
Located just off I-15 in the path of Inland Port growth, with proximity to rail lines and Bar W developments. Over $1.5M invested in site prep and infrastructure. Ideal for owner-users, value-add investors, or 1031 buyers.
Ideal for RV or boat storage operators, owner-users, or investors looking for a high-exposure asset with immediate and long-term income potential.
PROPERTY FACTS
| Price | $3,500,000 | Lot Size | 16.00 AC |
| Price Per SF | $5.02 | Building Size | 696,960 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype |
| Price | $3,500,000 |
| Price Per SF | $5.02 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | |
| Lot Size | 16.00 AC |
| Building Size | 696,960 SF |
| No. Stories | 1 |
| Year Built | 2024 |
AMENITIES
- Fiber Optic Internet
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PROPERTY TAXES
| Parcel Number | XB00-2586-2 | Improvements Assessment | $0 |
| Land Assessment | $850 | Total Assessment | $850 |
PROPERTY TAXES
Parcel Number
XB00-2586-2
Land Assessment
$850
Improvements Assessment
$0
Total Assessment
$850
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525 Sheep Ln dr - Red Cliffs Storage Yard
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