357 Redwood Rd Saratoga Springs, UT 84045
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.
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
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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.