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    4900 Highland Dr Holladay, UT 84117

    Sponsored
    For Sale
    $4,200,000

    Prime Holladay storefront, high visibility.

    Property size:
    8,081 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents a vacant, 8,081 square foot storefront located at 4900 Highland Dr, Holladay, UT 84117. The property, situated on a 0.99-acre lot, boasts a prominent location across from the new Holladay Hills development by Woodbury Corporation, ensuring high visibility and significant traffic exposure. Built in 1975, this two-story building features three drive-thru lanes and one ATM lane, offering versatile options for future tenants. The property is zoned C-2, allowing for a variety of commercial uses. With over 20,000 average daily traffic counts, this location provides unparalleled access to a thriving community. The asking price is $4,200,000. The building is delivered as-is. This is a rare chance to acquire a well-positioned retail property in a rapidly growing area of Holladay, Utah. The property's strategic location and existing infrastructure make it an ideal investment for savvy buyers seeking strong returns in a high-demand market. The substantial lot size offers potential for future expansion or redevelopment. This is a turnkey opportunity to capitalize on the significant growth and development occurring in the Holladay area. The property's existing drive-thru lanes and ATM lane provide a significant advantage for a variety of potential businesses. Don't miss this chance to own a piece of Holladay's vibrant commercial landscape.

    Property Features for 4900 Highland Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,081 SF
    Lot Size
    43,124 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    2

    HighLights

    • $4,200,000 asking price.
    • 8,081 square foot building.
    • 0.99‑acre parcel.
    • Two‑story building with three drive‑thru lanes and one ATM lane.
    • As‑is delivery condition.
    • C‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Holladay
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8375515
    Latitude
    40.6619743

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    FAQs

    What type of property is this?
    Individual retail property - Prime Holladay storefront, high visibility.
    Where is this individual retail property located?
    The property is located at 4900 Highland Dr Holladay, UT.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: $4,200,000 asking price.; 8,081 square foot building.; 0.99-acre parcel.
    Request Owner's contact information
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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
    4900 Highland Dr Holladay, UT 84117
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