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    11601 Lone Peak Pkwy Draper, UT 84020

    Sponsored
    For Sale
    Contact for pricing

    Prime Draper location, ready for development. Excellent auto dealership site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.04-acre commercial land parcel in Draper, Utah, presents a unique investment opportunity. Located at 11601 S Lone Peak Pkwy, 84020, this property boasts a highly desirable CBP zoning designation, making it ideal for a variety of commercial uses. The site is strategically situated adjacent to established automotive dealerships including Mercedes Benz, Karl Malone Toyota, Ford, and Carmax, ensuring high visibility and convenient access for potential businesses. Significant site work has already been completed, including grading, trenching, importation of structurally stable soils, and installation of underground piping for sewer, water, and electric services. Furthermore, an agreement with the power company designates the front easement as usable acreage, maximizing the buildable area. The seller, AutoNation USA, will provide the buyer with a complete set of building plans, streamlining the development process. This turnkey opportunity combines a prime location with significant infrastructure improvements, making it an exceptional investment for a discerning buyer. The property's APN is 27-24-452-003-0000. Salt Lake County location offers easy access to major transportation routes.

    Property Features for 11601 Lone Peak Pkwy

    General Information

    Property type
    Land
    Lot Size
    175,982 SF

    HighLights

    • Excellent location in Draper, Utah, for a car dealership.
    • Adjacent to major dealerships including Mercedes Benz, Karl Malone Toyota, Ford, and Carmax.
    • Seller, AutoNation USA, provides complete building plans.
    • Significant site work complete: grading, trenching, soil import, and utilities installed.
    • Usable front easement per power company agreement maximizes buildable area.
    • Contact listing agent for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.89809409
    Latitude
    40.53993954

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    FAQs

    What type of property is this?
    Land - Prime Draper location, ready for development. Excellent auto dealership site.
    Where is this land located?
    The property is located at 11601 Lone Peak Pkwy Draper, UT.
    What are key features of this property?
    This property features: Excellent location in Draper, Utah, for a car dealership.; Adjacent to major dealerships including Mercedes Benz, Karl Malone Toyota, Ford, and Carmax.; Seller, AutoNation USA, provides complete building plans.
    (801) 456-8800
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    11601 Lone Peak Pkwy Draper, UT 84020
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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
    11601 Lone Peak Pkwy Draper, UT 84020
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