4900 Highland Dr Salt Lake City, UT 84117-6104
This exceptional retail investment opportunity presents a vacant, 8,081 square foot storefront located at 4900 Highland Dr, Holladay, UT 84117. The property, situated on a 0.99-acre lot, boasts a prominent location across from the new Holladay Hills development by Woodbury Corporation, ensuring high visibility and significant traffic exposure. Built in 1975, this two-story building features three drive-thru lanes and one ATM lane, offering versatile options for future tenants. The property is zoned C-2, allowing for a variety of commercial uses. With over 20,000 average daily traffic counts, this location provides unparalleled access to a thriving community. The asking price is $4,200,000. The building is delivered as-is. This is a rare chance to acquire a well-positioned retail property in a rapidly growing area of Holladay, Utah. The property's strategic location and existing infrastructure make it an ideal investment for savvy buyers seeking strong returns in a high-demand market. The substantial lot size offers potential for future expansion or redevelopment. This is a turnkey opportunity to capitalize on the significant growth and development occurring in the Holladay area. The property's existing drive-thru lanes and ATM lane provide a significant advantage for a variety of potential businesses. Don't miss this chance to own a piece of Holladay's vibrant commercial landscape.
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
C-2 · Salt Lake City, UTSalt Lake City. Always verify with local authorities before improvements.
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.