Property profile

4952 12600th S Herriman, UT 84096

OFF-MARKET
Commercial land
Property ID
US86-0044831
0.89 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.89-acre commercial land parcel, located at 4952 W 12600 S in Herriman, Utah (zip code 84096, APN 26-25-477-007), presents a remarkable investment opportunity. Priced at $1,700,000, this property offers 37,422 square feet of buildable space, perfectly suited for a variety of retail ventures. Complete restaurant construction plans with a drive-thru are included, streamlining the development process. Situated within the thriving Midas Crossing development, this lot benefits from excellent visibility and convenient access for customers, alongside established businesses. The property is fully compliant with Herriman city standards for water and sewer connections, ensuring a smooth and efficient development experience. This is an exceptional chance to establish a successful retail presence in a high-growth area of Salt Lake County. Don't miss this opportunity to capitalize on the potential of this prime location. The property's strategic location and included plans make this a truly turnkey opportunity for a discerning investor.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.89 ac (38,768 SF)
Zoning code AMSD
APN 26-25-477-007
UPID US86-0044831

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4952 12600th S Herriman, UT 84096-3062
Herriman metro Census 113114 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2022
Price N/A

Zoning & alternative use

AMSD · Herriman, UT
Zoning description

AMSD also includes the sale of new and used recreational vehicles, all terrain vehicles, boats, and related products and services

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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