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    OFF-MARKET
    Retail properties & Spaces

    5600 Main St, Herriman, UT 84096

    114,563 SF 2.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.63-acre commercial property, located at 5600 West Main Street in Herriman, Utah, presents a lucrative investment opportunity. The site boasts a total square footage of 114,563 square feet, with 69,846 square feet of net rentable space. Priced at $1,187,382, this translates to an attractive price per square foot of $17. The property benefits from its strategic location, offering easy access from the Mountain View Corridor and is surrounded by thriving new retail developments. This area is experiencing significant residential growth, ensuring a strong and expanding customer base. The property's success is further supported by its proximity to established businesses such as Chevron, O'Reilly Auto Parts, Utah Central Credit Union, Jiffy Lube, Arctic Circle, Taco Time, and Subway, creating a vibrant and convenient retail environment. This prime location and existing infrastructure make this a compelling investment for developers and entrepreneurs seeking to capitalize on Herriman's dynamic market. The property is situated in Salt Lake County, Utah, and has a zip code of 84096. This retail land parcel offers significant potential for future development and strong returns on investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 114,563 SF
    Lot 2.63 ac (114,563 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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