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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11918 Mustang Trl Herriman, UT 84096

1.39 ac lot
Property ID
Property summary
AI-generated overview

Teton Center presents a unique investment opportunity in the thriving Herriman, Utah market. This exceptional property, located at 11918 S Mustang Trail, offers 1.39 to 10.27 acres of land ideally suited for executive office space or retail development. Situated in Salt Lake County, zip code 84096, the site boasts a strategic location at the entrance to the expansive 1,000-acre Olympia Hills residential development, ensuring high visibility and accessibility. The property is available for both ground lease and outright sale. The asking sales price is $25 per square foot. Alternatively, a ground lease option is available at an annual rate of $125,000. This presents a compelling opportunity for developers seeking to capitalize on the burgeoning growth in Herriman. The property's classification as both retail and office allows for considerable flexibility in development plans, catering to a diverse range of potential tenants and uses. With its prime location and versatile zoning, Teton Center offers significant long-term investment potential. The property's latitude and longitude coordinates are 40.5350537 and -112.0336152 respectively. This is a rare opportunity to acquire a substantial parcel of land in a rapidly expanding area.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.39 ac (60,548 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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