Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    400 Crossroads Blvd Saratoga Springs, UT 84043

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    400 Crossroads Blvd Saratoga Springs, UT 84043

    View on Map
    • Retail properties & Spaces
    • 13,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 400 Crossroads Blvd

    Property size
    13,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    River's Edge offers a prime opportunity for businesses seeking executive office space in a vibrant Utah County location. This luxury development boasts 13,000 square feet of available space within a larger mixed-use complex situated along the Jordan River. The property features four buildings on a 1.6 to 1.8-acre lot, zoned C, and includes three total suites. Spaces are divisible to a minimum of 2,000 square feet, with a maximum contiguous space of 8,000 square feet. Currently, all 13,000 square feet are vacant and ready for immediate occupancy. The property's strategic location at the intersection of 400 East and Crossroads Blvd provides exceptional visibility and accessibility. High daily traffic counts on Crossroads Blvd (16,445 ADT) and Redwood Rd (24,050 ADT) ensure significant exposure for your business. The development also includes main-level retail spaces, and plans include high-density housing above the retail shops. Ground lease options are available. The property's APN numbers are 58:032:0094; 58:029:0003; and 58:029:0058. Completion is anticipated for Summer 2024. This is an exceptional opportunity to establish a presence in a thriving, high-traffic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Utah
    State
    Utah
    Longitude
    -111.907
    Latitude
    40.3874

    Comparable in this City

    • Value Estimation by Request
      0.83 Acres

      600 State St

      Restaurants • 0.83 Acres
      600 State St, Lehi, UT 84043
      View Details
    • Value Estimation by Request

      2450 Executive Pkwy

      Medical Office Space
      2450 Executive Pkwy, Lehi, UT 84043
      View Details
    • Value Estimation by Request
      3,500 SF

      1014 1100

      Medical Office Space • 3,500 SF
      1014 1100, Lehi, UT 84043
      View Details
    • Value Estimation by Request
      0.65 Acres

      59 500

      Retail properties & Spaces • 0.65 Acres
      59 500, Lehi, UT 84043
      View Details
    • Value Estimation by Request
      13,092 SF

      1441 Innovation Way

      Office properties & Spaces • 13,092 SF
      1441 Innovation Way, Lehi, UT 84043
      View Details
    • Value Estimation by Request
      150,000 SF

      1557 Innovation Way

      Office properties & Spaces • 150,000 SF
      1557 Innovation Way, Lehi, UT 84043
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,844 SF

      Lehi Retail Investment Opportunity

      Nationally tenanted retail asset in Utah's Silicon Slopes.
      3450 Digital Dr, Lehi, UT 84043
      View Details
    • $1,400,000
      0.65 Acres

      Lehi Retail Property: Prime Location

      0.65-acre retail lot, ideal B&B site.
      59 500, Lehi, UT 84043
      View Details
    • $1,450,000

      Lehi Office Investment Opportunity

      Stable investment property with consistent income stream in Lehi.
      1220 North St West, Lehi, UT 84043
      View Details
    • Contact for pricing
      1,942 SF

      Lehi Office Condo For Sale

      Top floor office condo in Silicon Slopes with I-15 access.
      3051 W Maple Loop Dr, Lehi, UT 84043
      View Details
    • Contact for pricing
      2,415 SF

      Modern Office Space Available

      New build office space for sale near I-15.
      3668 W 2150 N, Lehi, UT 84043
      View Details
    • $1,500,000
      5,212 SF

      Lehi Office Building For Sale

      Fully leased office building with stable income in Lehi.
      1220 North St West, Lehi, UT 84043
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lehi Commercial Land For Rent

      0.83 acre commercial land with utilities and parking.
      600 W State St, Lehi, UT 84043
      View Details
    • Contact for pricing

      Prime Retail and Office Spaces

      Retail and office spaces available in high-traffic Saratoga Springs location.
      Crossroads Blvd, Saratoga Springs, UT 84043
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Luxury development with retail and office space for lease.
      400 E Crossroads Blvd, Saratoga Springs, UT 84043
      View Details
    • Contact for pricing
      25,371 SF

      Retail Space in Growing Lehi

      Commercial space available in Lehi, ideal for grocers/restaurants.
      2777 Sandalwood Dr, Lehi, UT 84043
      View Details
    • Contact for pricing

      Restaurant Space with Patio Available

      Second generation restaurant space with patio for rent.
      2975 W Clubhouse Dr, Lehi, UT 84043
      View Details
    • Contact for pricing

      Established Office Location in Lehi

      Office campus with amenities and convenient I-15 access.
      2450 W Executive Pkwy, Lehi, UT 84043
      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.
    400 Crossroads Blvd
    Saratoga Springs, UT 84043
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!