Red Cliffs Storage Yard FOR SALE


Nephi, UT
$4,500,000 USD
385-233-0341
, Nephi, UT for Sale
$4,500,000 USD
FOR SALE
1/4
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Red Cliffs Storage Yard
Nephi, UT


HIGHLIGHTS

  • Potential Growth for more storage and income
  • 7 Billboards along I-15 with 1 being converted to digital in the spring
  • Good access to I-15, near Utah Inland Port development area, with great access to the rail lines.
  • 22 acres available (15 fenced and paved)
  • Land fully developed with utilities
  • Portfolio can be split

OVERVIEW

For Sale: Prime 22-Acre Property in Nephi, UT Price: $4,500,000 (or separately: $600,000 for 6-acre industrial triangle, $4,100,000 for storage yard) This property offers excellent income potential and future growth opportunities in a prime location of I-15 Exit 222. Key Features: ? Billboard Income: ? Up to $50,000 annually from billboard leases. ? 35% of gross revenue from a new digital billboard (with one free ad flip included for the owner’s use). ? Storage Yard Income: ? 172 storage spaces generating up to $190,000 annually . ? Potential for covered storage to increase rental income. ? Current Potential Income: ? $240,000 annually with 8 additional shovel-ready acres inside the storage yard + a 6 acre industrial property in a growing industrial area neighboring Owens Corning, Jenson Cold Storage, and Mountainland Supply. ? Land: ? 15 acres inside the fence with room to expand. ? 1-acre south section for additional storage or shops (currently not fenced). ? 6-acre triangle zoned industrial with rail access, perfect for future development. ? Infrastructure: ? Utilities (power, gas, water, sewer, fiber internet) already available. ? Security cameras and ? Automated Gate and storage rental software in place. ? Location: ? Located near the Utah Inland Port development area, with great access to the rail lines. Contact us today for more details or to schedule a tour!

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.