Ring Rd Saratoga Springs, UT 84045
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 0 Ring Rd
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saratoga Springs
- County
- Utah
- State
- Utah
- Longitude
- -111.911
- Latitude
- 40.3248