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Property profile & analytics
FOR LEASE
Outlet malls

5518 High Market Dr West Valley City, UT 84120

137,820 SF 9.95 ac lot Built 2012
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US86-0704731
Property summary
AI-generated overview

This exceptional commercial property, located at 5518 High Market Dr, West Valley City, UT 84120, presents a unique investment opportunity. The site encompasses between one and two acres of land zoned for retail use, offering significant development potential. The property boasts a highly desirable location with easy access from 5600 W, ensuring excellent visibility and convenient access for customers. A key feature is the availability of a target-anchored pad site, ideal for a variety of retail businesses seeking high-traffic exposure. While drive-thru potential exists, it's important to note that this location is not within West Valley City's overlay zone for such establishments. The single-tenancy nature of the property provides flexibility for developers and investors. This Salt Lake County property is situated at latitude 40.71292486585276 and longitude -112.02091906058773. Contact us today to discuss pricing and explore the possibilities of this remarkable retail land opportunity. The property is classified as both Retail and Land, offering a versatile platform for various commercial ventures. Its strategic location and development potential make it an attractive proposition for discerning investors seeking a strong return on investment in a thriving market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2012
Total area 137,820 SF
Lot 9.95 ac (433,422 SF)
Zoning code M
APN 14-24-352-005
UPID US86-0704731
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.70M
Owner & transaction history
Target Corp · 13 yrs held
Target Corp
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
M · West Valley City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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