For sale MLS# 2160812 · 157 days on the market
$750,000
It starts with a call with an agent.
84 S 100 W, Vernal, UT 84078
About this home
Fully Entitled Mixed-Use Development. Vernal's First Urban-Style Condo Project. Rare opportunity to acquire a fully engineered, permit-ready mixed-use development in Vernal, Utah. Positioned as the first project of its kind in the market, the development has received substantial support and cooperation from the city and is expected to serve as a catalyst for continued downtown growth and activation. The proposed development consists of 18 residential condominiums and 5 street-front commercial suites designed to accommodate retail, or professional service users. The project has generated strong interest from prospective commercial tenants upon completion. Commercial NOI is projected at approximately $192,028 annually, including a 5% vacancy factor. Projected residential sellout is approximately $4,050,560. The neighboring city-funded and managed parking structure was developed with this project in mind and includes EV charging infrastructure, representing over $650,000 in public investment benefiting the site. The project includes eligibility for a $100,000 city facade improvement grant, further enhancing project value and streetscape appeal. All engineering plans are included in the sale, and negotiated construction pricing is available through the seller's proposed builder services. Seller is an experienced builder offering to complete the project for a 7.5% build fee, or buyers may elect to use their own contractor. Build appraisal available upon execution of NDA.
Written by the listing agent.
Location
The market in Vernal today
$750,000 is 400% above the median asking price in Vernal.
20% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Vernal
Vernal is the county seat and largest city in Uintah County, located approximately 175 miles east of Salt Lake City and 20 miles west of the Colorado border.
- 10,079 residents (2020)
- 5 named parks
Monthly payment
- Principal & interest
- $4,156
- Home insurance
- $110
10% down ($75,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.55 acres
- Subdivision
- VERNAL CITY PLAT A
- Sewer
- Sewer: Available
- County
- Uintah
- Faces
- Southwest
- Zoning
- Multi-Family, Commercial
See all 7 details
- Terms
- Cash, Commercial Fin. Req., Conventional
- Corner Lot
- Natural Gas Available
- Electricity Available
- Power: Not Connected
- Sewer Available
- Gas: Stubbed
- Sewer: Stubbed
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Uintah
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Listing courtesy of Evolve Real Estate & Management LLC / Bryan J Fairbanks. Based on information from UtahRealEstate.com as of 9/24/2026 2:35 PM. 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.