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860 S Main St 35,200 SF Vacant Industrial Building Nephi, UT 84648 For Sale
INVESTMENT HIGHLIGHTS
- Convenient location off of I-15 and near railroad.
- Only property of this size in the area.
- Versatile space uses with up to 18 ft clear height in certain areas.
EXECUTIVE SUMMARY
New roof installed 2018
New gutters installed 2017
Rental Income: $10,000/mo
Taxes: $3,000/mo
Insurance: $3,000/mo
NOI: $8,200/mo
Tenants pay all utilities and maintenance costs are low.
New gutters installed 2017
Rental Income: $10,000/mo
Taxes: $3,000/mo
Insurance: $3,000/mo
NOI: $8,200/mo
Tenants pay all utilities and maintenance costs are low.
FINANCIAL SUMMARY (ACTUAL - 2017) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$36,000
|
$1.02
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$36,000
|
$1.02
|
FINANCIAL SUMMARY (ACTUAL - 2017)
| Taxes | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $1.02 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $1.02 |
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1990/2003 |
| Property Subtype | Warehouse | Parking Ratio | 1.42/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 2.50 AC | No. Dock-High Doors/Loading | 5 |
| Rentable Building Area | 35,200 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | CU-Combined Use | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.50 AC |
| Rentable Building Area | 35,200 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2003 |
| Parking Ratio | 1.42/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | CU-Combined Use |
AMENITIES
- Air Conditioning
ABOUT 860 S MAIN ST , NEPHI, UT 84648
860 S Main St is a 35,200 SF Industrial Warehouse that was constructed in 1990. It features a number of updates including new gutters installed in 2017 and a new roof installed in 2018. It is conveniently located off of I-15 and is also easily accessible, with over 2.5 AC of land that allow you to move freely around the entire building.
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PROPERTY TAXES
| Parcel Number | XA00-2473-111 | Total Assessment | $2,049,396 (2024) |
| Land Assessment | $304,112 (2024) | Annual Taxes | $36,000 ($1.02/SF) |
| Improvements Assessment | $1,745,284 (2024) | Tax Year | 2017 |
PROPERTY TAXES
Parcel Number
XA00-2473-111
Land Assessment
$304,112 (2024)
Improvements Assessment
$1,745,284 (2024)
Total Assessment
$2,049,396 (2024)
Annual Taxes
$36,000 ($1.02/SF)
Tax Year
2017
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860 S Main St
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