525 Sheep Ln dr - Specialty FOR SALE


Nephi, UT 84648
$3,500,000 USD
385-233-0341
525 Sheep Ln dr, Nephi, UT for Sale
$3,500,000 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

525 Sheep Ln dr
Nephi, UT 84648


HIGHLIGHTS

  • 16 Acres: 15 Fenced (7 Paved), 1 Acre Expansion Area
  • 172 Outdoor Storage Spaces + 7 Billboard Leases
  • Up to $190K Annual Rental Income (Storage Only)
  • Utilities In Place: Power, Water, Sewer, Gas, Fiber
  • Security Cameras, Automated Gate, Rental Software
  • Near I-15 Exit 222 & Utah Inland Port Rail Access

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$5 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red Cliffs Storage Yard

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16 AC

LAND SF

696,960 SF

ZONING

-

APN/PARCEL ID

XB0025862

ASK ABOUT THIS PROPERTY

Rodd JefferiesMountain West CommercialMore Info
385-233-0341

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Rodd JefferiesMountain West CommercialMore Info
385-233-0341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.