11918 Mustang Trail Way Herriman, UT 84096
- Retail properties
- 1.39 lot acres
Current Use by Public Records
- Retail properties
Property Details for 11918 Mustang Trail Way
- Lot size
- 1.39 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Herriman
- County
- Salt Lake
- State
- Utah
- Longitude
- -112.034
- Latitude
- 40.5351
