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    923 Pioneer Rd Draper, UT 84020

    Sponsored
    For Sale
    $447,000

    Retail space, land, excellent location.

    Property size:
    6,970 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,970 square foot storefront property at 923 E Pioneer Rd, Draper, UT 84020, presents a unique investment opportunity. Situated on a 0.16-acre lot (APN 28-29-329-014), this mixed-use zoned parcel offers significant potential for owner-users or developers. The asking price is $447,000, translating to a land value of $64.14 per square foot. The rectangular lot boasts an impressive 89-foot frontage, maximizing its development potential. The property's current configuration is a single-unit retail space, ideal for a variety of businesses. Included in the sale are plans for a mixed-use building designed to optimize the lot's size and zoning allowances. This prime location in Draper, Utah offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The property's size and zoning flexibility make it suitable for a diverse range of development projects, from expanding an existing business to creating a new mixed-use development. Don't miss this chance to acquire a valuable asset in a thriving Utah market.

    Property Features for 923 Pioneer Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,970 SF
    Lot Size
    6,970 SF

    Building Details

    Units
    1

    HighLights

    • .16‑acre lot in Draper, UT.
    • 89‑foot rectangular frontage.
    • Parcel number: 28‑29‑329‑014.
    • Mixed‑use zoning; ideal for owner‑users or developers; includes plans for a mixed‑use building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.865499
    Latitude
    40.52532

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    FAQs

    What type of property is this?
    Individual retail property - Retail space, land, excellent location.
    Where is this individual retail property located?
    The property is located at 923 Pioneer Rd Draper, UT.
    What is the asking price?
    The asking price for this property is $447,000.
    What are key features of this property?
    This property features: .16-acre lot in Draper, UT.; 89-foot rectangular frontage.; Parcel number: 28-29-329-014.
    Request Owner's contact information
    923 Pioneer Rd Draper, UT 84020
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    Draper, UT 84020
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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
    923 Pioneer Rd Draper, UT 84020
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