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    13319 S 3600 W Riverton, UT 84065
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    13319 S 3600 W Riverton, UT 84065

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    • Retail properties & Spaces
    • 93,100 SF
    • 6.95 lot acres
    For Lease
    $2,090,000
    View Listing →
    Retail Space For Lease For Lease
    $2,090,000

    Retail Space For Lease

    Retail space available for lease in Riverton, Utah.

    13319 S. 3600 W, Riverton, UT 84065
    View Listing
    Property ID
    US86-0285569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,090,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kohl's / Department Store

    Property Details for 13319 S 3600 W

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.95 lot acres
    Property size
    93,100 SF
    Zone code
    C-R
    Property type
    Retail properties & Spaces
    APN
    27-32-376-004
    APU
    2732376004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,540,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,645,000
      Market price range: $2.65M - $7.76M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.978
    Latitude
    40.5099
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $113,530
    $3,973,500
    $6,215,000
    $10,188,500
    -
    $3,973,500
    $6,215,000
    $10,188,500

    Comparable in this City

    • Value Estimation by Request
      6.96 Acres

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      40,000 SF

      12800 Redwood Rd

      Individual retail properties • 40,000 SF
      12800 Redwood Rd, Riverton, UT 84065
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      6.42 Acres

      15137 Academy

      Retail properties & Spaces • 6.42 Acres
      15137 Academy, Herriman, UT 84065
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      500 SF

      568 Rising Star Way

      Office Units • 500 SF
      568 Rising Star Way, Bluffdale, UT 84065
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      40,000 SF

      12800 Redwood Rd

      Retail properties & Spaces • 40,000 SF
      12800 Redwood Rd, Riverton, UT 84065
      View Details
    • Value Estimation by Request
      3,320 SF

      1700 & Porter Rockwell Blvd

      Automotive properties • 3,320 SF
      1700 & Porter Rockwell Blvd, Bluffdale, UT 84065
      View Details

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      6,462 SF

      Riverton Retail/Restaurant Opportunity

      Retail or restaurant property with drive-thru potential in Riverton, UT.
      12653 3600 W, Riverton, UT 84065
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      Dual-Site Car Wash Portfolio

      Car wash portfolio with real estate and business ownership.
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      78,291 SF

      Rockwell Ridge Business Park Investment

      Two-building, 78,291 sq. ft. flex asset in Bluffdale, UT.
      14600 Porter Rockwell Blvd, Bluffdale, UT 84065
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    • $2,796,000
      3,483 SF

      Retail Space For Sale

      Retail space available with a 5.15% CAP rate.
      3813 13400 S, Riverton, UT 84065
      View Details
    • $1,450,000
      3,500 SF

      Bluffdale Office Property For Sale

      Well-maintained office property in Bluffdale, near I-15 and 'The Point'.
      497 W 14600 S, Bluffdale, UT 84065
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      1.69 Acres Commercial Land

      1.69 acres of commercial land for sale.
      13856 S 2700 W, Bluffdale, UT 84065
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in Riverton, Utah.
      13319 S 3600 W, Riverton, UT 84065
      View Details
    • Contact for pricing

      Riverton City Office Retail Space

      Office and retail spaces available for lease in Riverton City.
      12805 S Redwood Rd, Riverton, UT 84065
      View Details
    • Contact for pricing

      Land Parcels For Lease/Sale

      Land parcels available for sale, lease, or ground lease.
      12600 S 3600 W, Riverton, UT 84065
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease.
      1276 WEST 12600 SOUTH, Riverton, UT 84065
      View Details
    • $55 SF/Yr

      End Cap Drive-Thru Available

      1,852 SF end cap drive-thru for lease.
      3728 West 13400 South, Riverton, UT 84065
      View Details
    • Contact for pricing

      Retail Space with High Visibility

      Retail space with excellent visibility and accessibility.
      2464 W 12600 S, Riverton, UT 84065
      View Details

    Property Visit Statistics

    • Visits by month
      38.9k
    • Visitors by month
      26.0k
    • Avg Time on site
      32 min
    View Listing
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    Riverton, UT 84065
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    13319 S 3600 W, Riverton, UT, 84065
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