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Property profile & analytics
OFF-MARKET
Neighborhood centers

11918 Mustang Trl Way Herriman, UT 84096

Property ID
Property summary
AI-generated overview

This exceptional 1.39-acre parcel presents a unique investment opportunity in the thriving Herriman, Utah submarket of Salt Lake County. Located near the entrance to the expansive 1,000-acre Olympia Hills residential development, this property offers unparalleled visibility and access to a large, growing population. The land is available for sale or ground lease, providing flexibility for various development scenarios. The asking sales price is $25 per square foot, while the annual ground lease rate is $125,000. The property's zoning allows for a variety of uses, including medical office, creative office, retail, and restaurant spaces. Its versatile nature makes it ideal for a single-tenant build-to-suit or a multi-tenant development. The site's location at 11800 South provides excellent accessibility and high traffic counts. With its strategic location and flexible options, this property is poised for significant returns. The lot size falls within the 0.5 to 6-acre range, offering ample space for a substantial development. This is a rare opportunity to acquire a prime parcel in one of Utah's fastest-growing communities. Contact us today to learn more about this exceptional investment opportunity.

Property profile
Verified
Property type Neighborhood centers
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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