ActiveCommercial · sale

140 N 100 E

American Fork, UT 84003

$1,495,000

  • 0.62 acres
  • Built 1975

Listed by 40 North Real Estate · MLS #2137277

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1975.

Property size

0.62 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Exceptional development opportunity in the heart of American Fork! This property at 140 N 100 E is being sold together with the adjacent vacant parcel (Parcel #020390014, 126 N 100 E) for a combined total of 0.62 acres on the east side of 100 East between 100 North and 200 North. The primary parcel includes a 4,293 SF office building (2,557 SF above grade + 1,736 SF finished basement) built in 1975, with 25 parking stalls providing a strong 5.82:1,000 SF parking ratio. The adjacent parcel is 0.32 acres of vacant commercial land, ready for immediate development. Located within the R4-7500 zone, this combined site presents significant multifamily development potential. Under current zoning, multi-housing is a permitted use with the following development standards: maximum building height of 36 feet (30 feet for principal building); minimum lot area of 20,000 SF with the first four units, plus 3,000 SF required for each additional unit; front setback of 30 feet; rear setback of 25 feet; side setbacks of 10 feet; and maximum lot coverage of 50%. The combined 0.62 acres (approximately 27,007 SF) could accommodate a meaningful multifamily project under these standards. The property benefits from outstanding location fundamentals: just 1.5 blocks north of State Street, American Fork's primary commercial corridor; approximately 1.2 miles from the I-15/500 East interchange; proximity to the Silicon Slopes employment corridor; convenient access to shopping, restaurants, schools, and services; and bus transit available along State Street. The American Fork FrontRunner commuter rail station is approximately 1.8 miles from the site. The existing office building offers immediate owner-user or interim lease potential while entitlements are pursued, or the entire site can be cleared for ground-up development. Both parcels share common ownership and will be conveyed together. Buyer and buyer's agent to verify all information including but not limited to zoning, permitted uses, development standards, setbacks, building height, lot coverage, acreage, square footage, and any other material facts. Contact American Fork City Planning Department at (801) 763-3060 for current zoning verification. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records . Buyer is advised to obtain an independent measurement.

THE NEIGHBORHOOD

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140 N 100 E, American Fork, UT 84003

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LOCAL MARKET CONTEXT

Utah County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$518,355Up 3.2% vs. the previous 12 months
Months of supply3.912-month average
Days on market6512-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Commercial Sale
Category
Commercial
Year built
1975
Cooling
Central Air
Heating
Forced Air
Appliances
Furniture
Flooring
Carpet,Tile
Utilities
120/240 V 1 Phase,Gas: Natural,Separate Meter: Gas,Separate Meter: Elec.
Pool
No
Spa
No
Zoning
Single-Family, Multi-Family, Commercial
Parcel
02-039-0013
Annual property tax
$7,108.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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140 N 100 E, American Fork, UT 84003 · MLS #2137277

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Listing information

MLS #2137277 · Utah Real Estate MLS

Listing brokerage: 40 North Real Estate
Listing agent: Bryant Bishop

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.