Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3316 E LONE SPRINGS Cv S Sandy, UT 84092

    View on Map
    Claim this Listing
    For Sale
    $1,050,000

    LAND - Sandy, UT

    Lot size:
    1.04 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    50
    Last Refresh:
    May 1 at 4:06 pm

    Property Features for 3316 E LONE SPRINGS Cv S

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single-Family
    Standard status
    Active
    APN
    28-14-428-042
    Lot size
    1.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4388

    We can help!

    Listing Contact
    Rick Andra

    Listing agent Rick Andra

    Listing office Cannon & Company 9089 S 1300 W Ste 130, West Jordan, UT

    Listing date Mar 13, 2026

    MLS# 2143010 Listing URL

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    One Acre Estate Lot

    This one acre estate lot is situated in a secluded, luxury setting and offers panoramic city and mountain views. Located just south of Little Cottonwood Canyon, the property is minutes from skiing, hiking, and biking opportunities. The property is permit-ready, and city-approved engineered plans are included. The zoning is Single-Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alpha Book Publisher Publishing House

    Suggested Use

    Real Estate Agency Law Firm Dental Office Hotel & Motel Department Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.800723
    Latitude
    40.555582

    Nearby Similar for Sale

    • $2,749,000

      Shovel Ready Entitled Commercial Land

      1.17 acres of commercial land with fully entitled plans.
      8475 S STATE St, Sandy, UT 84070
      View Details
    • $899,000

      Secluded Lot in Gated Community

      1.57 acre lot in a private, quiet, gated community.
      10667 S HIDDEN RIDGE Ln, Sandy, UT 84092
      View Details
    • $700,000

      Residential Land in Prestigious Location

      Home site on Willow Creek Country Club's hole #8.
      2670 E BRIDGER Blvd S, Sandy, UT 84093
      View Details
    • $4,999,825
      6,544 SF

      Versatile Industrial Building Near I-15

      Industrial building with warehouse and office space, near I-15.
      649 West 9400 South, Sandy, UT 84070
      View Details
    • $950,000

      Residential Land in Sandy, UT

      2.76 acre residential land for sale in Sandy, UT.
      3738 E CATAMOUNT RIDGE Way unit: 11, Sandy, UT 84092
      View Details
    • $577,720
      2,626 SF

      Office Condominium Near I-215

      Office condominium for sale or lease, convenient highway access.
      8180 South 700 East, Sandy, UT 84070
      View Details
    • $650,000
      2,087 SF

      Office Condo For Sale

      First-floor office condo with modern updates and easy highway access.
      8706 South 700 East | Sandy, UT 84070
      View Details
    • $16,723,000
      24,604 SF

      Fully Occupied Retail Center

      Prime retail center with strong tenants in a growing area.
      11020-11052 S State Street, Sandy, UT
      View Details
    • $15,000,000

      Holiday Inn Express & Suites

      88-key hospitality asset in the Salt Lake City South submarket.
      10680 South Auto Mall Drive, Sandy, UT 84070
      View Details
    • $969,000
      4,100 SF

      Office Condo with Flexible Tenancy

      4,100 SF office condo with value-add potential.
      7410-7430 S Creek Rd, Sandy, UT
      View Details
    • $675,000

      Exclusive Estate Lot in Sandy

      2.98-acre estate lot with mountain views in gated community.
      10480 S SEVEN SPRINGS Cir, Sandy, UT 84092
      View Details
    • $285
      54,128 SF

      Updated Office Condos For Sale

      Updated office condos in a highly desirable area.
      9272 S 700 E, Sandy, UT 84070
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One acre estate lot with city and mountain views.
    Where is this residential land & home lot located?
    The property is located at 3316 E LONE SPRINGS Cv S Sandy, UT.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: One Acre Estate Lot with Panoramic City & Mountain Views; Permit Ready with City Approved Engineered Plans Included; Prime Location Minutes from World‑Class Skiing, Hiking, and Biking
    (801) 678-0555
    We can help!
    Listing Contact
    Rick Andra
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    3316 E LONE SPRINGS Cv S, Sandy, UT 84092

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!