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

    2508 Anasazi Way Springdale, UT 84767

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $285,007

    Land available for purchase.

    Type:Land
    Added:
    Feb 15, 2024
    Days on Market:
    793
    Last Refresh:
    Mar 16 at 8:27 am

    Property Features for 2508 Anasazi Way

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Julian Coiner

    Listing agent Julian Coiner

    Listing office ZION LUXURY PROPERTIES

    Listing date Feb 15, 2024

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ZION LUXURY PROPERTIES

    Overview

    Land For Sale

    Located off State Route 9, accessible via Anasazi Way for approximately 0.5 miles, this land is identified by a Zion Luxury Properties For Sale sign on Lot 6, situated on the right side of the road.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Springdale
    County
    Washington
    State
    Utah
    Longitude
    -113
    Latitude
    37.1888

    Nearby Similar for Sale

    • $2,400,000
      4,083 SF

      Commercial Property Near Zion Park

      Commercial property suitable for nightly rentals near Zion National Park.
      767 ZION PARK Blvd, Springdale, UT 84767
      View Details
    • $1,950,000
      3,360 SF

      Fourplex in Springdale with Redevelopment Potential

      Fourplex on commercially zoned lot near Virgin River.
      1751 ZION PARK BLVD., Springdale, UT 84767
      View Details
    • $7,000,000
      11,639 SF

      Downtown Springdale Commercial Investment Opportunity

      Rare commercial investment near Zion National Park with strong cash flow.
      1101 Zion Park Blvd, Springdale, UT 84767
      View Details
    • $628,800
      20,018 SF

      Land with Zion Park Views

      Residential land in Springdale, Utah, with stunning views.
      Zuni, Springdale, UT 84767
      View Details
    • $490,000

      Anasazi Subdivision Lot Near Zion

      Premier lot with views, privacy, and utilities near Zion.
      3008 Navajo Way, Springdale, UT 84767
      View Details
    • $375,000
      61,855 SF

      Springdale Land with Panoramic Views

      1.42 acres in Springdale, UT, ideal for dream home.
      Claret Cup Lane 161 & 162, Springdale, UT 84767
      View Details
    • $499,000
      10,454 SF

      Land in Springdale near Zion

      Residential land with walk-out access to Zion National Park.
      117 Gifford Park Dr, Springdale, UT 84767
      View Details
    • $95,000
      69,696 SF

      Kolob Land Near Zion Park

      1.6 acre lot near Zion National Park with water.
      2655 E Cedar Dr, Kolob, UT 84767
      View Details
    • $880,000
      17,860 SF

      Land with Unobstructed Zion Views

      Residential lot with views of Zion National Park.
      2538 Anasazi Way, Springdale, UT 84767
      View Details
    • $625,000
      16,800 SF

      Springdale Land with Zion Views

      300-acre landscape with 77 homesites near Zion National Park.
      2495 NAVAJO CIRCLE, Springdale, UT 84767
      View Details
    • $1,995,000
      14,375 SF

      Zion Overlook View Lot

      Springdale lot with panoramic Zion Canyon views and ultimate privacy.
      2613 Canyon Point Drive, Springdale, UT 84767
      View Details
    • $995,000
      27,007 SF

      Springdale Land with Canyon Views

      Rare opportunity to own land near Zion Canyon National Park.
      941 Foothill Ln, Springdale, UT 84767
      View Details

    FAQs

    What type of property is this?
    Land - Land available for purchase.
    Where is this land located?
    The property is located at 2508 Anasazi Way Springdale, UT.
    What is the asking price?
    The asking price for this property is $285,007.
    What are key features of this property?
    This property features: Mountain View(s); Located in Washington County; Part of Zion Luxury Properties
    (435) 922-6047
    We can help!
    Listing Contact
    Julian Coiner
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!