11918 Mustang Trail Way Herriman, UT 84096
- Neighborhood centers
Current Use by Public Records
- Neighborhood centers
Property Details for 11918 Mustang Trail Way
- Property type
- Neighborhood centers
- Property subtype
- Power centers
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Herriman
- County
- Salt Lake
- State
- Utah
- Longitude
- -112.034
- Latitude
- 40.5351
