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Commercial Land with Entitled Plans

8475 S STATE St, Sandy, UT 84070

For Sale
$5,495,000

Commercial Sale, Sandy, UT

Property SizeContact for details
Lot Size1.17 Acres
Days on Market54

Property Features for 8475 S STATE St

General Information

Property type Commercial Sale
Property subtype Retail
Property condition Under Construction
Zoning description RC
Subdivision Sandy; Draper; Granite; Wht Cty
Standard status Active
APN 22-31-351-007
Lot size 1.17 Acres

Taxes and HOA fees

Tax Annual Amount 9223

Building Details

Year built 1951
Listing Agency: Investment Realty Advisors LLC
Listed By: Elliot Abel · License UT 94166337-SA00
Added: Sep 21 Changed: Oct 16 Last Checked: Nov 13 at 11:06PM
MLS# 2187632

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Investment Insights

Based on property information with market context.

This 1.17-acre commercial parcel in Sandy is offered with completed entitlements for a 15,149-square-foot development. The approved plan allocates 10,249 square feet to a flex warehouse and office building, with another 4,900 square feet designated for retail. The site is described as ready for vertical construction, and the zoning is identified as commercial neighborhood.

The property is along State Street, where average daily traffic is reported at 24,610. Nearby 9000 South carries approximately 40,000 vehicles per day. The surrounding commercial corridor includes shopping centers, service businesses, and employment hubs, with access to north-south and east-west routes.

Key Highlights

  • 1.17‑acre commercial parcel in Sandy
  • Completed entitlements for a 15,149‑square‑foot development
  • Plans include a 10,249‑square‑foot flex warehouse and office building

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Puro Peru Peruvian ... Restaurant

Suggested Use

Top Pick Dental Office Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic Pharmacy Pet Grooming Service

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

642
Businesses Nearby

Demographics for 84070, UT

30,885
Population
12,212
Households
2.5
Avg Household Size
34
Median Age
36%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
4,231
Density / Sq Mi
$79,414
Median Household Income
$44,013
Median Earnings
$1,578
Median Rent
$429,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Salt Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Plans call for flex warehouse and office space alongside a separate retail component.
Where is this commercial land located?
The property is located at 8475 S STATE St Sandy, UT.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: 1.17‑acre commercial parcel in Sandy; Completed entitlements for a 15,149‑square‑foot development; Plans include a 10,249‑square‑foot flex warehouse and office building
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