Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Corner Lot on Redwood Road Title is generated by Realmo AI

    13754 S Redwood Rd, Riverton, UT 84065

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    1.07 acre commercial land for rent at high-traffic intersection.

    Type:Land
    Lot size:
    1.07 Acres
    Added:
    Oct 17, 2024
    Days on Market:
    594
    Last Refresh:
    May 12 at 9:03 pm

    Property Features for 13754 S Redwood Rd

    General Information

    Standard status
    Active
    Lot size
    1.07 Acres
    Property subtype
    Land

    Spaces For Lease

    at 13754 S Redwood Rd Contact us

    We can help!

    Listing Contact
    Skyler Peterson SIOR
    Skyler Peterson SIOR

    Listing agent Skyler Peterson SIOR License #UT 6991009-SA00

    Listing office Legend Commercial

    Listing date Oct 17, 2024

    Source Crexi

    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 Legend Commercial

    HighLights

    • Located on the Corner of Bangerter Hwy and Redwood Rd
    • Bangerter Highway ADT 64,000 Cars
    • Redwood Road ADT 26K
    • 1.07 Acres
    • Zoning: C‑G
    • Access off Redwood Road

    Overview

    This 1.07-acre commercial land is available for rent. The property is zoned C-G and is located on the corner of Bangerter Highway and Redwood Road. It benefits from high traffic volume, with Redwood Road having an average daily traffic (ADT) count of 26,000 and Bangerter Highway having an ADT of 64,000 cars. The property has access off Redwood Road and is in close proximity to a new Smith’s development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.93928
    Latitude
    40.5013123

    Nearby Similar for Lease

    • Contact for pricing
      1,600 SF

      Retail/Office Space in Riverton

      Prime Riverton location with high visibility and traffic.
      1543 W 12600 S, Riverton, UT 84065
      View Details
    • Contact for pricing
      1,515 SF

      Riverton Office/Medical Space Available

      Second floor office/medical space with elevator access for lease.
      2332 W 12600 S, Riverton, UT 84065
      View Details
    • $55 SF/Yr
      12,634 SF

      End Cap Drive-Thru Available

      1,852 SF end cap drive-thru for lease.
      3728 West 13400 South, Riverton, UT 84065
      View Details
    • Contact for pricing

      Commercial Property in Riverton, Utah

      Commercial property for rent in Riverton, Utah.
      3962 W 12600 Ln S, Riverton, UT 84065
      View Details
    • Contact for pricing
      4,291 SF

      Riverton Commercial Space For Rent

      4,291 SF commercial space suitable for retail or office.
      1604 W 12600 S, Riverton, UT 84065
      View Details
    • $125,000 SF/Yr

      Highway Frontage Land For Rent

      Commercial land available for rent with strategic highway frontage.
      4141 W 13400 S, Riverton, UT 84096
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space with Highway Visibility

      Retail space available at signalized intersection with high visibility.
      4000 W 13400 S, Riverton, UT
      View Details
    • Contact for pricing
      14,628 SF

      Retail Space in Riverton Center

      Retail space available in high-traffic Riverton Depot Neighborhood Center.
      3651 W Market Ctr Dr, Riverton, UT
      View Details
    • Contact for pricing
      1,300 SF

      Riverton Retail/Office Space Available

      1,300 sq ft space ideal for office or retail.
      3818 W 13400 S, Riverton, UT
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Riverton, Utah.
      13319 S. 3600 W, Riverton, UT 84065
      View Details
    • $30 SF/Yr
      44,072 SF

      Class A Office Space Available

      44,072 SF office space with striking finishes for lease.
      13303 S Teal Rdg Way, Riverton, UT
      View Details
    • $22 SF/Yr

      Commercial Land For Lease

      Commercial land available for lease near Walmart and I-15.
      1246 W 12600 S, Riverton, UT
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.07 acre commercial land for rent at high-traffic intersection.
    Where is this commercial land located?
    The property is located at 13754 S Redwood Rd Riverton, UT.
    What are key features of this property?
    This property features: Located on the Corner of Bangerter Hwy and Redwood Rd; **Bangerter Highway ADT 64,000 Cars**; Redwood Road ADT 26K
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Skyler Peterson SIOR
    Skyler Peterson SIOR
    Real Estate License ID: UT 6991009-SA00
    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
    13754 S Redwood Rd, Riverton, UT 84065
    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!