12523 Pasture RdRiverton, UT 84065

Property Details for 12523 Pasture Rd

Lot size

0.01 AC

Property size (Sq ft)

852 SF

Zone code

C-R

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

27-29-354-008

APU

2729354008

Description

This exceptional 1.4-acre commercial land parcel presents a unique investment opportunity in the thriving city of Riverton, Utah. Located at 12523 South Pasture Road, 84065, this property boasts a strategic location within Salt Lake County, offering easy access to major transportation routes and amenities. The land is priced at $675,000, translating to a land value of $11.07 per square foot. With its substantial size, this site is well-suited for a variety of commercial developments, providing ample space for construction and future expansion. The property's zoning and permitted uses should be independently verified to ensure compatibility with your project plans. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area of Utah, offering substantial potential for long-term appreciation and strong returns on investment. The property's address is precisely 12528 South Pasture Road, Riverton, UT 84065. While the listed building size is 60,984 square feet, it's important to note that this refers to a potential building size and not an existing structure. This is raw land ready for development. Don't miss this chance to secure your stake in Riverton's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $561,738

  6.5%

  $518,528

  7%

  $481,490

• Comparable approach

  Method

  Valuation

  Relative Method

  $505,605

  Geo Method

  $505,605

• Alternative Use

  Use

  Valuation

  Residential

  $518,528

  Hospitality

  $474,969

  Educational

  $395,168

  Medical

  $408,759

  Retail

  $614,706

Location Insight

City

Riverton

County

Salt Lake

State

Utah

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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