Property summary
This exceptional 0.89-acre commercial lot in Riverton, Utah, is priced at $975,000 ($28.37/SF). Located at 12534 S Rhetski Ln, 84065, this property boasts unparalleled visibility from Bangerter Highway and the Lowe's parking lot, ensuring high traffic counts and easy access. The lot is flat and features utilities already stubbed in, making it ready for immediate development. Zoned C-R, this land is ideally suited for a variety of commercial uses, including a drive-through car wash, service center, or restaurant, offering build-to-suit options or the flexibility to bring your own builder. The property has undergone recent price reductions, reflecting a significant discount below appraisal. This presents a unique opportunity for a quick close and a strong return on investment. Salt Lake County location provides convenient access to major transportation routes and a thriving commercial market. The owner is seeking a swift transaction.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
.70.010 - § 18.70.100) Chapter 18.75 NEIGHBORHOOD COMMERCIAL (C-N) ZONE (§ 18.75.010 - § 18.75.080) Chapter 18.80 PROFESSIONAL OFFICE COMMERCIAL (C-PO) ZONE (§ 18.80.010 - § 18.80.110) Chapter 18.85 REGIONAL COMMERCIAL (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-R · Riverton, UT.70.010 - § 18.70.100) Chapter 18.75 NEIGHBORHOOD COMMERCIAL (C-N) ZONE (§ 18.75.010 - § 18.75.080) Chapter 18.80 PROFESSIONAL OFFICE COMMERCIAL (C-PO) ZONE (§ 18.80.010 - § 18.80.110) Chapter 18.85 REGIONAL COMMERCIAL (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
.70.010 - § 18.70.100) Chapter 18.75 NEIGHBORHOOD COMMERCIAL (C-N) ZONE (§ 18.75.010 - § 18.75.080) Chapter 18.80 PROFESSIONAL OFFICE COMMERCIAL (C-PO) ZONE (§ 18.80.010 - § 18.80.110) Chapter 18.85 REGIONAL COMMERCIAL (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-R in Riverton, UT.
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