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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

2023 Redwood Rd Saratoga Springs, UT 84045-5199

5,661 SF 2.9 ac lot Built 2018
Entity Owned Absentee Owner Free & Clear
Property ID
US86-0737316
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2018
Total area 5,661 SF
Lot 2.9 ac (126,237 SF)
APN 66-621-0001
UPID US86-0737316
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
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
MAVERIK INC
MAVERIK INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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