1075 S 75 E, Richfield, UT 84701
$950,000
Property Type:
Commercial
Square Footage:
7,450
Lot Size (sq. ft.):
38,333
Status:
Active
Current Price:
$950,000
List Date:
12/04/2025
Last Modified:
2/24/2026
Overview
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
Supplements: ... (Read more)
Listing Details MLS# 25-267148
Location, Tax & Legal
- House Number
- 1075
- Street Direction Pfx
- S
- Street Name
- 75
- Street Direction Sfx
- E
- MLS Area
- Outside Area
- State/Province
- UT
- Postal Code
- 84701
- County
- Other
- Tax ID
- 3-23-1 01
- Total Taxes
- 8323
Contract Info
- Offering Type
- Sale
- Original List Price
- 950000
- List Price/SqFt
- 127.52
- Cap Rate
- 10.3
- Short Sale Status
- No
- CAM
- 0
- Lease Price/Annual
- 0
- Lse Prc Mnth P/SqFt
- 0
General Property Info
- Listing Class
- Other - See Remarks
- Realtor.com
- Commercial
- Lot Acres
- 0.88
- Total SqFt
- 7450
- Available SqFt
- 7450
- # of Floors
- 2
- Year Built
- 2001
Remarks & Misc
- Public Remarks
- 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
Type of Property
- Commercial
- Yes
- Industrial
- Yes
- Office
- Yes
More Information
Other Features
- Overhead Doors
- Yes
- 3 Phase Power
- Yes
Site Description
- Owner Occupied
- Yes
- Tenant Occupied
- Yes
Construction
- Steel
- Yes
Zoning
- Commercial
- Yes
- Industrial
- Yes
Terms of Sale
- Exchange
- Yes
- Seller Financing
- Yes
- Submit Any Offer
- Yes
Showing Instructions
- Call Listing Agent
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Type of Property:
Commercial; Industrial; Office
Other Features:
Overhead Doors; 3 Phase Power
Site Description:
Owner Occupied; Tenant Occupied
Construction:
Steel
Showing Instructions:
Call Listing Agent
Zoning:
Commercial; Industrial
Terms of Sale:
Exchange; Seller Financing; Submit Any Offer
Possession:
Close Of Escrow
Listing Office:
KW Ascend Keller Williams Realty
Last Updated: February - 24 - 2026
Information deemed reliable but not guaranteed.