Property profile

5101 11800th S Herriman, UT 84096

OFF-MARKET
Commercial land
Property ID
US86-0087476
1.13 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.92-acre commercial land parcel in Herriman, Utah, presents a unique investment opportunity. Located at 5101 W 11800 S, 84096, this property boasts a total square footage of 438,649 square feet, with 83,635 square feet of net rentable space. The site is ideally situated for development, offering excellent visibility and accessibility. Its prime location is directly off of 11800 South and the Mountain View Corridor, a high-traffic area with 28,000 ADT on the corridor and 4,000 ADT on 11800 South. The property is zoned for commercial use, making it suitable for a variety of development projects. Its proximity to established businesses, such as Winco, further enhances its appeal. The asking price for this remarkable property is $3,509,194. This presents a rare chance to acquire a significant land holding in a rapidly growing area of Salt Lake County, Utah, with substantial potential for future development and return on investment. The property's size and location make it an ideal site for an office campus or other large-scale commercial development. Don't miss this opportunity to secure a prime piece of commercial real estate in Herriman.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.13 ac (49,223 SF)
Zoning code C-2
APN 26-25-201-011
UPID US86-0087476

Cap rate & NOI

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

Location

5101 11800th S Herriman, UT 84096
Herriman metro SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

C-2 · Herriman, UT
Zoning description

The purpose of the C-2 zone is to provide areas in the city for community commercial development

General category COMMERCIAL

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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