Property profile

12534 Rhetski Ln Riverton, UT 84065

OFF-MARKET
Commercial land
Property ID
US86-0664603
0.89 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Restaurant

Location

12534 Rhetski Ln Riverton, UT 84065-7208
Riverton metro Census 113013 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2012
Price N/A
2011
Price N/A
2011
Price N/A

Zoning & alternative use

C-R · Riverton, UT
Zoning description

.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 (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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