466 Redwood Rd Saratoga Springs, UT 84045
This exceptional 8.24-acre commercial land parcel presents a unique investment opportunity in the thriving Saratoga Springs, Utah market. Located at 466 N Redwood Rd, 84045, this property boasts a strategic location within Utah County, offering excellent visibility and accessibility. The asking price is $5,204,548, translating to a land value of $14.50 per square foot. The expansive lot size provides ample space for a variety of commercial developments, catering to diverse business needs. Its proximity to key transportation routes and established infrastructure ensures convenient access for both employees and customers. Detailed site analysis reveals significant potential for high-return commercial ventures. The property's location within the Saratoga Springs submarket offers access to a growing population and robust local economy. This is an exceptional opportunity to acquire a substantial land holding in a rapidly developing area of Utah. The property is zoned for commercial use (further zoning verification is recommended). Serious inquiries are encouraged to explore the full potential of this prime commercial land. The total buildable square footage is not specified but the potential is significant given the lot size.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.