2023 Redwood Rd Saratoga Springs, UT 84045-5199
This exceptional 150-acre commercial land parcel presents a significant investment opportunity in the thriving Saratoga Springs, Utah market. Located at 2023 S Redwood Rd, 84045, this expansive site boasts a total of 8,276,400 square feet and is priced at $22,554,729, translating to a land value of $3.45 per square foot. The property's strategic location within Utah County offers unparalleled access to major transportation arteries, ensuring seamless connectivity for future development projects. Its substantial size allows for a wide range of commercial uses, from large-scale retail centers and industrial parks to mixed-use developments catering to the area's growing population. The property's zoning and potential uses should be verified independently with the relevant authorities. This is a rare chance to acquire a substantial land holding in a high-growth area, offering significant potential for long-term appreciation and substantial returns on investment. Detailed site plans and surveys are available upon request. The property is situated in Saratoga Springs, Utah, a rapidly expanding city with a strong economy and a vibrant community. This presents a unique opportunity for developers seeking to capitalize on the region's robust growth trajectory. The property's size and location make it ideal for a variety of commercial ventures, promising a lucrative investment for the discerning buyer. All interested parties are encouraged to conduct their own due diligence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.