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    3959 Redwood Rd Saratoga Springs, UT 84045

    For Sale
    $959,000

    Prime 2-acre commercial lot in Utah.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2-acre commercial lot, located at 3959 S Redwood Rd, Saratoga Springs, UT 84045 (APN 45:228:0066), presents a unique investment opportunity in one of Utah's fastest-growing areas. Zoned for Neighborhood Commercial use, this property offers unparalleled versatility. Permitted uses include retail establishments, office spaces, restaurants, and drive-thru services, providing a wide range of development possibilities to suit various business needs. The land boasts a generous size, providing ample space for construction and potential expansion. With a total area of 2 acres, the asking price is $959,000, translating to a land value of $11.01 per square foot. This strategically located lot offers excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic and exposure. The property's prime location within Saratoga Springs, Utah County, ensures a strong potential for return on investment. Don't miss this chance to secure a prominent commercial property in a thriving market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 3959 Redwood Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Two‑acre commercial lot.
    • Neighborhood Commercial zoning.
    • Suitable for retail, office, restaurant, and drive‑thru uses.
    • Situated in a high‑growth area of Utah.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Utah
    State
    Utah
    Longitude
    -111.8894238
    Latitude
    40.308419

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    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial lot in Utah.
    Where is this land located?
    The property is located at 3959 Redwood Rd Saratoga Springs, UT.
    What is the asking price?
    The asking price for this property is $959,000.
    What are key features of this property?
    This property features: Two-acre commercial lot.; Neighborhood Commercial zoning.; Suitable for retail, office, restaurant, and drive-thru uses.
    (801) 702-4686
    Request Owner's contact information
    3959 Redwood Rd Saratoga Springs, UT 84045
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    Saratoga Springs, UT 84045
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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
    3959 Redwood Rd Saratoga Springs, UT 84045
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