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    5518 High Market Dr West Valley City, UT 84120

    Sponsored
    For Lease
    Contact for pricing

    Prime West Valley City retail land, 1-2 acres.

    Lot size:
    87,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 5518 High Market Dr, West Valley City, UT 84120, presents a unique investment opportunity. The site encompasses between one and two acres of land zoned for retail use, offering significant development potential. The property boasts a highly desirable location with easy access from 5600 W, ensuring excellent visibility and convenient access for customers. A key feature is the availability of a target-anchored pad site, ideal for a variety of retail businesses seeking high-traffic exposure. While drive-thru potential exists, it's important to note that this location is not within West Valley City's overlay zone for such establishments. The single-tenancy nature of the property provides flexibility for developers and investors. This Salt Lake County property is situated at latitude 40.71292486585276 and longitude -112.02091906058773. Contact us today to discuss pricing and explore the possibilities of this remarkable retail land opportunity. The property is classified as both Retail and Land, offering a versatile platform for various commercial ventures. Its strategic location and development potential make it an attractive proposition for discerning investors seeking a strong return on investment in a thriving market.

    Property Features for 5518 High Market Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,120 SF

    Unit(s) available at that property

    Space
    Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    West Valley City
    County
    Salt Lake
    State
    Utah
    Longitude
    -112.02091906059
    Latitude
    40.712924865853

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    FAQs

    What type of property is this?
    Land - Prime West Valley City retail land, 1-2 acres.
    Where is this land located?
    The property is located at 5518 High Market Dr West Valley City, UT.
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    5518 High Market Dr West Valley City, UT 84120
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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
    5518 High Market Dr West Valley City, UT 84120
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