11918 Mustang Trl Way Herriman, UT 84096
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.