Listing Agency: KREA|Knight Real Estate Advisors s***@knirea.com Show Phone

Listed By: Stew Knight · License #UT 5472670-PB00

Source: Crexi

Added: Apr 3, 2023 Changed: Aug 7 Last Checked: Aug 7 at 5:05AM

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Investment Insights

Based on property information with market context.

This 3.78-acre property presents a development opportunity for commercial and multi-family use. The location is within walking distance of the UTA Trax Station (Redwood Junction) and near I-215 at 3500 South and SR 201 on Redwood Rd. Nearby amenities include Valley Fair Mall, Maverick Center, Megaplex Theaters, Lucky, restaurants, retail, and banks. Concept Site Plan 1 includes a .51-acre pad with 32 townhome units. Concept Site Plan 2 features a .45-acre pad and a .46-acre pad with 28 townhome units.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,022

Businesses Nearby

Explore this area Business Placement

Demographics for 84119, UT

54,143

Population

16,811

Households

3.2

Avg Household Size

31

Median Age

16%

College-Educated

79%

High-School Grad

11.5 sq mi

ZIP Area

4,708

Density / Sq Mi

$66,616

Median Household Income

$35,676

Median Earnings

$1,418

Median Rent

$341,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 3.78 acres for commercial and multi-family development.

Where is this commercial land located?

The property is located at 3201 S Redwood Rd West Valley City, UT.

What is the asking price?

The asking price for this property is $3,500,000.