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    Ring Rd Saratoga Springs, UT 84045

    For Lease
    Contact for pricing

    Prime Retail Land, Drive-Thru Potential

    Lot size:
    19,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located on the highly visible Saratoga Springs Ring Road off Redwood Road, presents a unique investment opportunity. Currently offered at a significantly reduced price of $9.75 per square foot (PSF) – a 25% discount valid only through December 31st, 2024 – this offering includes several retail pads ranging from 0.50 to 6.96 acres. The property boasts excellent visibility and accessibility, benefiting from Redwood Road's high traffic volume of 11,339 ADT. The site is zoned NC (Neighborhood Commercial), allowing for a variety of retail uses, including drive-thru options. This flexible offering allows for purchase, lease, or ground lease arrangements. Detailed site plans are available, subject to modification based on specific needs. This is a rare chance to secure a prominent location within the established Ring Road Development, offering significant potential for growth and return on investment. The previous asking rate was $13-$15 PSF. Don't miss this limited-time opportunity to acquire a piece of this thriving commercial corridor. The APN is 590020194. The property is designated for multiple tenancies.

    Property Features for 0 Ring Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,800 SF

    Unit(s) available at that property

    Space
    7 Site Plan
    Size
    15,000 SF
    Space
    12 Site Plan
    Size
    4,800 SF

    HighLights

    • Retail and land opportunity in Saratoga Springs, zoned NC (Neighborhood Commercial).
    • Multiple pad sites available, ranging from 0.50 to 6.96 acres.
    • Drive‑thru potential.
    • High visibility location off Redwood Road (11,339 ADT).
    • Q4 2024 only: Reduced price of $9.75 PSF (Sale, Lease, or Ground Lease options available).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Saratoga Springs
    County
    Utah
    State
    Utah
    Longitude
    -111.91055574032
    Latitude
    40.32479006272

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, Drive-Thru Potential
    Where is this land located?
    The property is located at Ring Rd Saratoga Springs, UT.
    What are key features of this property?
    This property features: Retail and land opportunity in Saratoga Springs, zoned NC (Neighborhood Commercial).; Multiple pad sites available, ranging from 0.50 to 6.96 acres.; Drive-thru potential.
    Request Owner's contact information
    Ring 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
    Ring Rd Saratoga Springs, UT 84045
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