1276 12600Riverton, UT 84065

Property Details for 1276 12600

Year built

2006

Construction

WOOD FRAME

Lot size

1.56 AC

Property size (Sq ft)

8,386 SF

Zone code

C-G

Property type

Strip malls

Property subtype

Neighborhood centers

APN

27-26-354-024

APU

2726354024

Description

This exceptional 0.634-acre commercial land parcel, located at 1276 West 12600 South in Riverton, Utah, presents a prime retail investment opportunity. Situated in Salt Lake County, this property offers significant potential for developers and businesses seeking a high-visibility location. The site is zoned for commercial use and currently features one available space totaling 4,800 square feet, ideal for a variety of retail ventures. The property's ample size allows for flexibility in development plans, accommodating a single large tenant or the possibility of multiple smaller units. Its strategic location within Riverton provides easy access to major transportation routes and a thriving local community, ensuring high foot traffic and visibility. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area of Utah. The property's 84065 zip code places it within a desirable and accessible area for both residents and businesses. With its versatile zoning and substantial size, this land offers a blank canvas for creating a successful retail establishment. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $2,461,410

  6.5%

  $2,272,070

  7%

  $2,109,780

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,747,340

  Geo Method

  $1,747,340

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,349,090

  Mixed-Use / Specialty

  $2,296,980

  Hospitality / Lodging

  $1,728,190

  Office

  $2,317,700

  Institutional / Educational

  $2,399,720

  Residential Income

  $2,807,680

  Multifamily

  $3,184,420

  Automotive / Energy

  $2,056,910

  Parking / Income-Based Land

  $677,207

  Restaurant / Food Service

  $1,265,110

  Healthcare / Senior Housing

  $2,321,660

Location Insight

City

Riverton

County

Salt Lake

State

Utah

Latitude

40.5228

Longitude

-111.928

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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