1548 S STATE ROAD 32, Francis, UT 84036
$2,500,000
Est. $13,847/mo
- Acres
- 1.64
- Type
- Commercial
- Days listed
- 28
About this home
A rare commercial opportunity in Utah's Wasatch Back and rapidly growing Kamas Valley. Located along SR-32, a major corridor serving the valley and carrying steady local, visitor, camping, and recreational traffic toward Wolf Creek Pass and the High Uinta Mountains, this property offers an outstanding location for a business or future development. The sale includes two parcels, FCS-101 and FCS-102, totaling 1.64 acres of C-1 zoned commercial property, with sewer and water stubbed to both lots. Just down the road from Francis Town Center and its planned hotel, restaurant, retail, residential, and surrounding commercial development, the property is well positioned to benefit from continued growth in the area. C-1 zoning allows for a wide variety of potential uses, including retail, light manufacturing, warehouse space with retail frontage, professional offices, healthcare and dental facilities, recreational equipment rental, restaurants including fast food with drive-through service, schools, preschools, and much more. With excellent SR-32 frontage, strong passing traffic, flexible commercial zoning, existing utility stubs, and nearby development, this is an exceptional opportunity to establish a business or investment in the path of Kamas Valley's growth.
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Vinh F Truong
Wasatch Back Mountain Properties
MLS #2188197
Your message goes only to Juston.
Schools
South Summit- South Summit
Elementary
- South Summit
Middle School
- South Summit
High School
Home details
Property
- Type
- Land
- Style
- Commercial
- Stories
- 0
- Condition
- Blt./Standing
- Subdivision
- FRANCIS FRONTIER SUBDIVISION
- County
- Summit
- Zoning
- Commercial
- MLS #
- 2188197
Costs
- List price
- $2,500,000
- Annual taxes
- $3,001
- Home warranty
- No
Lot and parking
- Lot
- 1.64 ac
- Lot features
- View: Mountain,Terrain: Flat
- Covered spaces
- 0
- Total parking
- 0
All home details37 details
Property Info
- Property Type
- Land
- Property Style
- Commercial
- Condition
- Blt./Standing
- MLS #
- 2188197
- County
- Summit
- Subdivision
- FRANCIS FRONTIER SUBDIVISION
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Lot Size (Acres)
- 1.64
- Lot Size
- 71,438.4 sq ft
- Zoning
- Commercial
Financial
- List Price
- $2,500,000
- Original Price
- $2,500,000
- HOA
- No
- Annual Taxes
- $3,001
- Home Warranty
- No
Lot & Land
- Lot Features
- View: Mountain,Terrain: Flat
- Topography
- Terrain: Flat
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Total Parking
- 0
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Utilities
- Gas: Not Connected,Electricity Available,Sewer: Stubbed
Schools
- Elementary
- South Summit
- Middle School
- South Summit
- High School
- South Summit
- Elementary District
- South Summit
Timeline
- Listed
- Sep 29, 2026
- Days on Market
- 28
- Status
- Active
Francis market
Explore FrancisFrancis median
$925,000
This home: 170% above
Days to sell
156
Utah: 70
Homes for sale
27
Price range
$660k – $5.2M
Sale to list
97%
Market
Buyer's market
Common questions
About 1548 S STATE ROAD 32, Francis, UtahWhat is the asking price for 1548 S STATE ROAD 32, Francis?
1548 S STATE ROAD 32, Francis is listed at $2,500,000. This listing is currently active and available for showings.
How long has 1548 S STATE ROAD 32, Francis been on the market?
This property has been listed for 28 days. The average days on market in Francis is 156 days, meaning this listing is moving faster than the local average.
What schools serve 1548 S STATE ROAD 32, Francis?
Assigned schools: Elementary: South Summit; Middle: South Summit; High: South Summit. School district: South Summit.
How does this listing compare to the Francis market?
1548 S STATE ROAD 32, Francis is listed at $2,500,000, which is above the Francis median of $925,000 by $1,575,000. There are currently 27 active listings in Francis. Homes in Francis sell in an average of 156 days. The average sale-to-list ratio is 97.0%.
What would homeowner's insurance cost for 1548 S STATE ROAD 32, Francis?
Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $2,500,000, expect approximately $7,500-$12,500/year ($625-$1,042/month). Get multiple quotes — rates vary significantly by insurer.
Could 1548 S STATE ROAD 32, Francis be a 1031 exchange property?
Yes, 1548 S STATE ROAD 32, Francis could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.
All 8 questions
What type of property is 1548 S STATE ROAD 32, Francis?
1548 S STATE ROAD 32, Francis is a Land (Commercial). It is located in the FRANCIS FRONTIER SUBDIVISION subdivision. Zoning: Commercial.
What high school is near 1548 S STATE ROAD 32, Francis?
The nearest high school is South Summit. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.
Find your next home
Save homes, see what they are worth and what they could rent for, and work with a local agent.