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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

357 Redwood Rd Saratoga Springs, UT 84045

5,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail space, located within the thriving Steele Ridge Plaza in Utah County, offers a unique opportunity for businesses seeking flexible and modern accommodations. The property is a 5,000 square foot building with multiple tenancy options, currently featuring one available space ranging from 1,300 to 1,500 square feet. Ideal for coworking spaces or medical offices, this space provides a versatile layout adaptable to various business needs. The building is slated for a grey shell delivery in Q4 of 2024, allowing tenants to customize their space to their exact specifications. The location benefits from significant advantages, including multiple drive-thru opportunities, a new lighted intersection ensuring high visibility and convenient access, and direct ingress and egress to Steele Ridge Plaza. The area boasts exceptional current and projected residential and commercial growth, promising a strong and expanding customer base. Furthermore, pylon signage opportunities are available, providing excellent branding and marketing potential. This property presents a compelling investment opportunity in a rapidly developing area, offering a blend of convenience, visibility, and growth potential. Minimum divisible space is 1,300 square feet. The property type includes retail, office, and restaurant uses.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,000 SF
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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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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