14886 Traverse Rdg Rd Draper, UT 84020-5570
Property profile & analytics
14886 Traverse Rdg Rd Draper, UT 84020-5570
- Commercial land
- 0.01 lot acres
Property ID
US86-0086479
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.
Location Intelligence
Current Use by Public Records
- Event Catering / Event Planning / Wedding Service
- Royal On Ridge / Restaurant
- Ridge Catering / Take-out & Catering / Catering Service
- Swoon / Take-out & Catering / Catering Service
Property Details for 14886 Traverse Rdg Rd
- Lot size
- 0.01 lot acres
- Zone code
- C-2
- Property type
- Commercial land
- APN
- 34-09-479-029-6000
- APU
- 34094790296000
Description
This exceptional opportunity presents the chance to acquire the thriving Royal on Ridge restaurant, a fully operational business located at 14886 Traverse Ridge Rd, Draper, UT 84020. The property, situated on a half-acre lot (APN 34-09-479-029), encompasses a 4,000 square foot, two-story building constructed in 2004 and extensively renovated in 2023. The asking price is $1,650,000, representing a price per square foot of $412.50 and a 7.27% cap rate with a Net Operating Income (NOI) of $120,000. The restaurant boasts a full culinary kitchen, complete with all necessary equipment, including a prominent imported Italian pizza oven. Indoor seating accommodates 85 patrons, complemented by a spacious patio with capacity for over 50 additional guests, accessible via large overhead doors. Twenty designated parking spaces are available for customers. The property is zoned CC and enjoys a prime location, attracting significant traffic from travelers between Salt Lake and Utah County. This well-established family restaurant, with a liquor license, offers a turnkey operation poised for continued growth and success. The sale includes the building, land, and the established business.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Draper
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.835
- Latitude
- 40.4806
- 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
$0.00
$100
$0.00
$100
-
$100
$0.00
$100
