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    OFF-MARKET
    Commercial land

    12534 Rhetski Ln, Riverton, UT 84065-7208

    0.89 ac lot
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US86-0664603
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.89 ac (38,768 SF)
    Zoning code C-R
    APN 27-29-353-007
    UPID US86-0664603
    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
    Current use
    Occupant on record · Public records
    • Black Bear Diner Riverton Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    12534 South Rhetski Lane Rental LLC · 5 yrs held
    12534 South Rhetski Lane Rental LLC
    since 2021
    7 recorded transactions
    2021
    2019
    2018
    2017
    2012
    2011
    2011
    Zoning & alternative use
    C-R · Riverton, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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