Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2596 Redwood Rd Woods Cross, UT 84054

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1.87 Acres, Multiple Tenancy Available

    Lot size:
    1 SF

    Property Features for 2596 Redwood Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Spaces For Lease

    at 2596 Redwood Rd, Woods Cross, UT 84054 Contact us

    We can help!

    Listing Contact
    Tanner Olson
    Tanner Olson

    Listing Agency: Legend Partners Utah Listing Agent: Tanner Olson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, located at 2596 S (1100 N) Redwood Rd in Woods Cross, Utah, presents a unique investment opportunity. Zoned CG (General Commercial), this 1.87-acre lot offers significant potential for a variety of retail developments. The property's address is officially listed as 2596 S (1100 N) Redwood Rd, zip code 84054, in Davis County, Utah. The total building square footage is currently listed as 1 square foot, indicating significant potential for new construction. The property is designated for multiple tenancies, making it ideal for a mixed-use development or a collection of individual retail spaces. The expansive lot size provides ample room for building expansion and ample parking. The property's APN numbers are 060820120, 060820059, and 060820158. This location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. Currently available for lease, this property is ready for your vision. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Woods Cross
    County
    Davis
    State
    Utah
    Longitude
    -111.9299047
    Latitude
    40.8616148

    Nearby Similar for Lease

    • $0.90 SF/Yr
      16,361 SF

      Woods Cross Flex/Industrial Space

      Flex/industrial space in Woods Cross with easy highway access.
      2391 South 1560 West, Woods Cross, UT 84087
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Anchored Center

      1,500 SF retail space in Smith's anchored center.
      2600 S Wildcat Way, Woods Cross, UT
      View Details
    • Contact for pricing
      45,884 SF

      Woods Cross Industrial Space Available

      Modern industrial space in Woods Cross, ready for occupancy.
      2193 S 1200 W, Woods Cross, UT
      View Details
    • Contact for pricing
      63,504 SF

      Woods Cross Industrial Space

      Modern industrial space in Woods Cross, ready for occupancy.
      2119 S 1200 W, Woods Cross, UT
      View Details
    • Contact for pricing
      14,063 SF

      Woods Cross Industrial Space

      Modern industrial space in Woods Cross, ready for occupancy.
      2208 S 1200 W, Woods Cross, UT
      View Details
    • Contact for pricing
      41,729 SF

      Woods Cross Industrial Space

      Modern industrial space in Woods Cross, ready for occupancy.
      2269 S 1200 W, Woods Cross, UT
      View Details
    • Contact for pricing
      8,500 SF

      Industrial Hangar/Storage Space Available

      8,500 SF hangar with hydraulic doors for lease.
      1667 S 1800 W, Woods Cross, UT
      View Details
    • Contact for pricing
      156,234 SF

      Woods Cross Commerce Center

      Modern Warehouse Space Available
      1376 2600, Woods Cross, UT 84087
      View Details

    FAQs

    What type of property is this?
    Land - 1.87 Acres, Multiple Tenancy Available
    Where is this land located?
    The property is located at 2596 Redwood Rd Woods Cross, UT.
    What are key features of this property?
    This property features: Ground lease/build-to-suit rates available upon request.; Subdivided pad pricing available upon request.; Zoned CG (General Commercial).
    Request Owner's contact information
    2596 Redwood Rd Woods Cross, UT 84054
    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.
    2596 Redwood Rd
    Woods Cross, UT 84054
    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
    2596 Redwood Rd Woods Cross, UT 84054
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tanner Olson
    Tanner Olson
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!