Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1097 Antelope Dr Syracuse, UT 84075
    Property profile & analytics

    1097 Antelope Dr, Syracuse, UT 84075

    View on Map
    • Retail properties & Spaces
    • 27,604 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1097 Antelope Dr

    Property type
    Retail properties & Spaces

    Description

    Shadow Point Center, located at 1097 W Antelope Dr, Syracuse, UT 84075, presents a prime retail investment opportunity. This multi-tenant commercial property boasts a total of 27,604 square feet, offering four available suites. The flexible space allows for various retail concepts, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 26,136 square feet. Ideal for businesses seeking a prominent location in a thriving Utah community, this property provides excellent visibility and accessibility. The building's layout is designed to accommodate a range of retail needs, ensuring a comfortable and efficient environment for both tenants and customers. Situated in Syracuse, Utah, the property benefits from a strategic location with convenient access to major transportation routes and a strong local customer base. With its versatile space options and prime location, Shadow Point Center offers a compelling opportunity for businesses looking to establish or expand their presence in the Syracuse market. The property is ready for immediate occupancy, providing a seamless transition for new tenants. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space. This is a rare chance to secure a well-positioned retail property in a growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Davis
    State
    Utah
    Longitude
    -112.119
    Latitude
    41.0542

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      3050 1700

      Office Spaces
      3050 1700, Syracuse, UT 84075
      View Details
    • Value Estimation by Request
      4.26 Acres

      2250 Antelope Dr

      Land
      2250 Antelope Dr, Syracuse, UT 84075
      View Details
    • Value Estimation by Request

      1700 3000

      Restaurants
      1700 3000, Syracuse, UT 84075
      View Details
    • Value Estimation by Request
      0.52 Acres

      2018 700

      Retail properties & Spaces
      2018 700, Syracuse, UT 84075
      View Details
    • Value Estimation by Request
      2,380 SF

      1700 1000

      Individual retail properties
      1700 1000, Clearfield, UT 84075
      View Details
    • Value Estimation by Request
      16.00 Acres

      2000 W & 2700

      Office Spaces
      2000 W & 2700, Syracuse, UT 84075
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Land For Sale

      Land available for retail development.
      3050 W 1700 S, Syracuse, UT 84075
      View Details
    • $3,200,000

      Retail Space in High-Traffic Area

      Retail space for sale in high foot traffic location.
      2052 W 1700 S, Syracuse, UT 84075
      View Details
    • Contact for pricing

      Modern Retail Complex For Sale

      Bustling retail hub near Syracuse High School.
      1863 W 700 S, Syracuse, UT 84075
      View Details
    • Contact for pricing
      1,300 SF

      Retail Development Opportunity

      Retail space for rent in a rapidly growing area.
      1719 S 3300 W, Syracuse, UT 84075
      View Details
    • $949,900
      0.72 Acres

      Syracuse Commercial Shop & Land

      Rare Commercial Property - High Development Potential
      2722 Huckleberry, Syracuse, UT 84075
      View Details
    • Contact for pricing
      20,000 SF

      Land Near West Davis Corridor

      Commercial land with high visibility in a rapidly growing area.
      3315 W Antelope Dr, Syracuse, UT 84075
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Rent

      Single tenant retail space available for rent on Antelope Drive.
      3151 West Antelope Dr, Syracuse, UT 84075
      View Details
    • Contact for pricing
      14,139 SF

      Retail Spaces and Pads Available

      Retail spaces and pads available in high-growth Davis County.
      1089-1107 W 1700 S, Syracuse, UT 84075
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Syracuse

      Retail development with space available near multi-family units.
      1724 W 300 S, Syracuse, UT 84075
      View Details
    • Contact for pricing
      2,380 SF

      Retail Space Near Smith's

      2,380 SF retail space anchored by Smith's.
      895-973 W 1700 S, Syracuse, UT 84075
      View Details
    • Contact for pricing

      Retail Development Land For Lease

      Land available for retail development, multi-tenant, and drive-thru spaces.
      3050 W 1700 S, Syracuse, UT 84075
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1097 Antelope Dr
    Syracuse, UT 84075
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1097 Antelope Dr, Syracuse, UT, 84075
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!