Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Riverside Crossing Commercial Land Available Title is generated by Realmo AI

    70 E THRIVE DR 12, Saratoga Springs, UT 84043

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,329,000

    Commercial land for sale in Riverside Crossing Subdivision.

    Type:Lots/Land
    Lot size:
    1.22 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 6 at 1:54 am

    Property Features for 70 E THRIVE DR 12

    General Information

    Standard status
    Active
    Lot size
    1.22 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Garrison Kearl

    Listing agent Garrison Kearl License #12118423

    Listing office R and R Realty LLC

    Listing date Mar 24, 2026

    Source Exitrealty

    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 R and R Realty LLC

    HighLights

    • Fantastic visibility from Pioneer Crossing and Redwood Road.
    • Mixed‑Use Zoning.
    • Established anchor businesses (Sherwin Williams, Central Bank, Saratoga Health Center) within the Riverside Crossing development.
    • Located in Riverside Crossing Subdivision.
    • Multiple lots available (Lots 6, 8, 10 and 12).
    • $25.00 per square foot.

    Overview

    This commercial land, identified as Lot 12 in Plat A of the Riverside Crossing Subdivision, is available for purchase. The property benefits from mixed-use zoning. The Riverside Crossing development features established anchor businesses such as Sherwin Williams Paint, Central Bank, and Saratoga Health Center. The location offers visibility from both Pioneer Crossing and Redwood Road. Additional lots (6, 8, and 10) are also available within the subdivision.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Utah
    State
    Utah
    Longitude
    -111.932
    Latitude
    40.3099

    Nearby Similar for Sale

    • $339,000

      Saratoga Springs Building Lot

      Flat, ready-to-build 0.27-acre lot in Saratoga Springs, UT.
      1514 N COZY Ln, Saratoga Springs, UT 84045
      View Details
    • $305,000

      Residential Lot in Saratoga Springs

      0.27-acre lot with mountain views, no HOA, utilities stubbed.
      2042 S ROAN Ave, Saratoga Springs, UT 84045
      View Details
    • $1,200,000

      Saratoga Springs Commercial Development Land

      Commercial land available for retail and hospitality development.
      220 MARKET St, Saratoga Springs, UT 84045
      View Details
    • $4,546,000
      1,565 SF

      Saratoga Springs Retail Space Available

      Retail spaces available in a rapidly growing Utah city.
      261 Crossroads Blvd, Saratoga Springs, UT
      View Details
    • $999,038
      2,127 SF

      Saratoga Springs Office Space

      Office space available for purchase in Saratoga Springs, Utah.
      1528 N Commerce Dr, Saratoga Springs, UT
      View Details
    • $319,995

      Residential Land in Saratoga Springs

      Land with unobstructed views and backing onto an 11-acre park.
      2954 S FOX POINTE Dr, Saratoga Springs, UT 84045
      View Details
    • $678,516

      Commercial Land in Saratoga Springs

      0.708 acre commercial land suitable for various developments.
      2160 N Redwood Rd, Saratoga Springs, UT
      View Details
    • $3,760,000
      1,464 SF

      Saratoga Springs Retail Space Available

      Retail spaces available in a rapidly growing Utah city.
      333 Crossroads Blvd, Saratoga Springs, UT
      View Details
    • $31,880,000
      100,897 SF

      Saratoga Springs Retail Center

      Well-positioned retail center in rapidly growing Saratoga Springs, Utah.
      1320 N Redwood Rd, Saratoga Springs, UT
      View Details
    • $3,950,000

      Prime Commercial Land For Sale

      3.22 acres of commercial land off Redwood Road.
      2538 N REDWOOD RD, Saratoga Springs, UT 84045
      View Details
    • $10,530,000
      31,195 SF

      Retail Property with Indoor Shooting

      31,195 SF retail property with 12 indoor shooting lanes.
      217 Crossroads Blvd, Saratoga Springs, UT
      View Details
    • $3,475,000

      Land at Pioneer Crossing Corner

      Two parcels of land at a prominent intersection.
      59 E Thrive Dr, Saratoga Springs, UT
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale in Riverside Crossing Subdivision.
    Where is this commercial land located?
    The property is located at 70 E THRIVE DR 12 Saratoga Springs, UT.
    What is the asking price?
    The asking price for this property is $1,329,000.
    What are key features of this property?
    This property features: Fantastic visibility from Pioneer Crossing and Redwood Road.; Mixed‑Use Zoning.; Established anchor businesses (Sherwin Williams, Central Bank, Saratoga Health Center) within the Riverside Crossing development.
    (801) 492-7791
    We can help!
    Listing Contact
    Garrison Kearl
    Real Estate License ID: 12118423
    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
    70 E THRIVE DR 12, Saratoga Springs, UT 84043
    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!