$1,531,250
$200K PRICE INCREASE

384 S 500 E American Fork, UT 84003

Estimated payment $8,626/month

Total Views 4,383
0.71 Acre
$2,156,690 Price per Acre
30,928 Sq Ft Lot

Highlights

  • 0.71 Acre Lot
  • Views
  • No Heating
  • No HOA

About This Lot

Prime 0.71-acre commercial lot zoned GC-2 in a high-traffic opportunity zone, perfect for your next investment. Approved for gas station, auto sales, and more, this versatile property boasts 21,000 ADT along 500 E and is just down the street from the I-15 interchange.

Listing Agent

Dan Ford

Colliers International LLC (WASATCH) License #5503930 Listed on: 03/25/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,024

Lot Details

  • 0.71 Acre Lot
  • Property is zoned Commercial, GC2

Schools

  • Greenwood Elementary School
  • American Fork Middle School
  • American Fork High School

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-051-0057

Property Details

Property Type

Land

Est. Annual Taxes

$2,024

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.71
  • Lot Size: 0.0x0.0x0.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Lot Features: Terrain: Flat
  • Pool Private: No
  • Topography: Terrain: Flat
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Blt./Standing

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Greenwood
  • Junior High Dist: Alpine
  • High School: American Fork
  • Middle Or Junior School: American Fork

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 30927.6
  • Parcel #: 13-051-0057
  • Zoning Description: GC2
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2024.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,511 $167,915 $0 $0
2023 $1,401 $165,000 $0 $0
2022 $1,588 $184,580 $0 $0
2021 $1,350 $245,100 $137,300 $107,800
2020 $1,258 $221,500 $122,600 $98,900
2019 $1,108 $201,900 $105,100 $96,800
2018 $1,027 $178,800 $94,600 $84,200
2017 $961 $90,365 $0 $0
2016 $931 $81,290 $0 $0
2015 $929 $77,000 $0 $0
2014 $902 $73,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $1,531,250 +15.0% --
03/25/2025 03/25/25 For Sale $1,331,250 -63.0% --
10/18/2023 10/18/23 For Sale $3,600,000 0.0% --
07/21/2023 07/21/23 Off Market -- -- --
11/23/2022 11/23/22 For Sale $3,600,000 0.0% --
11/07/2022 11/07/22 Pending -- -- --
09/25/2022 09/25/22 Off Market -- -- --
08/30/2022 08/30/22 For Sale $3,600,000 0.0% --
08/05/2022 08/05/22 For Sale $3,600,000 -- --
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $90,548 FHA
Source: Public Records

Source: UtahRealEstate.com

MLS Number: 2072613

UtahRealEstate.com

APN: 13-051-0058