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    13702 S Lovers Ln Riverton, UT 84065

    For Sale
    $9,500,000

    21-lot luxury community development opportunity in Riverton, Utah.

    Lot size:
    13.36 Acres

    Property Features for 13702 S Lovers Ln

    General Information

    Lot size
    13.36 Acres

    Source: KW South Valley Keller Williams Agent Brielle Summers

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

    Overview

    Riverton Luxury Community Land Package

    River Springs Estates, a 21-lot luxury community in Riverton, presents an exclusive investment opportunity. The package is offered as a whole, with lot sizes ranging from 0.24 to 0.62 acres. Each lot is intended for builds valued between $2 million and $4 million. Lot #10 is reserved for an 11,000 sq. ft. custom home, estimated at $4.5 million. The projected value of all finished individual lots is $12.325 million, while the package price is $9.5 million. Mylar approval is potentially achievable within 30 days, pending resolution of a few minor items. The property is located off Lovers Lane, providing convenient access to I-15, Bangerter Highway, shopping, schools, and dining. This location offers premier development land within a high-growth market in Utah.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9250275
    Latitude
    40.5069972

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    FAQs

    What type of property is this?
    Land - 21-lot luxury community development opportunity in Riverton, Utah.
    Where is this land located?
    The property is located at 13702 S Lovers Ln Riverton, UT.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: - Immediate built-in equity with a package price of $9.5M versus a projected finished lot value of $12.325M.; - Approved for a **21-lot luxury community**.; - Prime location in a top-growth Utah market, close to I-15, Bangerter Highway, shopping, schools, and dining.
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    Realmo Value Estimation

    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.

    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.

    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
    13702 S Lovers Ln Riverton, UT 84065
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