11761 700th E Draper, UT 84020-9844
- Commercial land
- 1,625 SF
- 1.19 lot acres
May 04, 2021
Current Use by Public Records
- Commercial land
Property Details for 11761 700th E
- Year built
- 1964
- Lot size
- 1.19 lot acres
- Property size
- 1,625 SF
- Zone code
- CN
- Property type
- Commercial land
- APN
- 28-20-353-037
- APU
- 2820353037
Description
This exceptional 2.38-acre commercial lot in Draper, Utah, presents a unique investment opportunity. Located at 11761 S 700 E, 84020, this property boasts a highly desirable CN (Neighborhood Commercial) zoning designation, allowing for a wide range of commercial development possibilities. The land is strategically situated for optimal visibility with frontage on 700 East, providing excellent exposure to high traffic volume. Its central location offers easy access to major transportation arteries, including the I-15 interchange and Bangerter Highway, ensuring convenient commutes for employees and customers. The property is comprised of two 1.19-acre parcels, offering flexibility for individual sale or combined development. Utilities are readily available, with gas, water, sewer, and irrigation already stubbed onsite, simplifying the development process. The land value is $24.02 per square foot, totaling an asking price of $2,490,000. This prime location in the heart of Draper City, coupled with its convenient access and infrastructure, makes this an exceptional opportunity for discerning investors seeking a high-impact commercial development site. The RBA (Real Building Area) is 103673 square feet.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Draper
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.87
- Latitude
- 40.5377
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
