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

Retail properties

Property subtype

Strip malls

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%

  $3,256,714

  6.5%

  $3,006,198

  7%

  $2,791,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,233,940

  Geo Method

  $4,233,940

• Alternative Use

  Use

  Valuation

  Residential

  $2,535,840

  Hospitality

  $2,322,816

  Educational

  $1,932,556

  Medical

  $1,999,019

  Retail

  $3,006,198

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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