Property profile

696 12100th S Draper, UT 84020

OFF-MARKET
Commercial land
Property ID
US86-0125688
0.52 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional .52-acre commercial land parcel presents a unique investment opportunity in the thriving city of Draper, Utah. Located at 696 E 12100 S, this property boasts a highly desirable Neighborhood Commercial zoning designation, opening doors to a wide array of development possibilities. Permitted uses include, but are not limited to, bank, medical office, general office space, assisted living facility, retail establishment, daycare center, or restaurant. The strategic location between 7th East and 12100 South ensures high visibility and accessibility, with significant daily traffic counts of 32,000 vehicles on 12300 South and 12,000 on 7th East, providing substantial exposure for any future business. This prime location in Salt Lake County, Utah, zip code 84020, offers a compelling blend of convenience and high traffic volume, making it an ideal site for a variety of commercial ventures. The seller is motivated, and all offers will be considered. This is a rare chance to acquire a highly sought-after commercial lot in a rapidly growing area. Don't miss this exceptional opportunity to build your dream project in a vibrant and dynamic community. The property's coordinates are 40.5302764 latitude and -111.8716354 longitude.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.52 ac (22,651 SF)
Zoning code CG
APN 28-29-154-005
UPID US86-0125688

Cap rate & NOI

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

Location

696 12100th S Draper, UT 84020-9073
Draper metro Census 112823 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A

Zoning & alternative use

CG · Draper, UT
Zoning description

The purpose of the CG zone is to provide areas to accommodate commercial uses which are not within shopping centers of integrated design. This zone is intended to apply to existing strip commercial developments. The zone…

General category CIVIC_INSTITUTIONAL

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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