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

    2464 W 12600 S Riverton, UT 84065

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with excellent visibility and accessibility.

    Property Features for 2464 W 12600 S

    General Information

    Standard status
    Active

    Building Details

    Year built
    2009

    We can help!

    Listing Contact
    Robert Farnsworth
    Source: Crexi

    Listing Agency: RE/MAX Associates Listing Agent: Robert Farnsworth

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

    Learn more

    Overview

    Retail Space with High Visibility

    This retail space benefits from its location with excellent visibility and accessibility off 12600 South and 2500 West, situated between Redwood Road and Bangerter Highway. The location experiences average traffic counts exceeding 26,800 per day based on 2013 UDOT data. CAMS are $5.11 per square foot.
    Location Intelligence

    Current Use by Public Records

    Ogden's Flooring & Design Carpet & Flooring Store Riverton Dental Dental Office CBD Essentials Specialty Food Shop Guitar Shop and Learning ... (Bike/Boat/Book/etc) Store Little Geniuses Learning ... Daycare Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.952618
    Latitude
    40.5227764

    Nearby Similar for Lease

    • New
      Contact for pricing
      36,590 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
    • Contact for pricing
      22,651 SF

      Commercial Property in Riverton, Utah

      Commercial property for rent in Riverton, Utah.
      3962 W 12600 S, Riverton, UT 84065
      View Details
    • Contact for pricing
      164,221 SF

      Riverton Retail Space For Lease

      Prime retail space in high-performance Riverton shopping center.
      3651 W Market Dr, Riverton, UT 84065
      View Details
    • $55 SF/Yr

      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

      Riverton Commercial Space For Rent

      4,291 SF commercial space suitable for retail or office.
      1604 W 12600 S, Riverton, UT 84065
      View Details
    • Contact for pricing
      87,000 SF

      Retail Space in Riverton Center

      Retail space available in high-traffic Riverton Depot Neighborhood Center.
      3651 W Market Center Dr, Riverton, UT 84065
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space with Highway Visibility

      Retail space available at signalized intersection with high visibility.
      4000 W 13400 S, Riverton, UT 84065
      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 84065
      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
    • Contact for pricing
      1,309 SF

      Class A Office Space Available

      Class A office space with easy access to I-15.
      10969 S River Front Pkwy, S Jordan, UT 84095
      View Details
    • $30 SF/Yr
      3,872 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
    • Contact for pricing
      22,998 SF

      Riverton Warehouse with Furnished Office

      22,998 SF warehouse with furnished office space available for lease.
      12711 Old Liberty Way, Riverton, UT
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with excellent visibility and accessibility.
    Where is this retail space located?
    The property is located at 2464 W 12600 S Riverton, UT.
    What are key features of this property?
    This property features: - Excellent visibility and accessibility.; - High traffic count of 26,800 per day.; - Located between Redwood Rd and Bangerter Highway.
    (801) 255-6600
    Request Owner's contact information
    2464 W 12600 S Riverton, UT 84065
    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.
    2464 W 12600 S
    Riverton, UT 84065
    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
    2464 W 12600 S Riverton, UT 84065
    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!
    Listing Contact
    Robert Farnsworth
    Real Estate License ID: 5450670-ABOO
    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!