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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

762 12300th S Draper, UT 84020-9571

12,390 SF 0.75 ac lot Built 2001
Entity Owned 24-yr Hold ~ Est. High Equity
Property ID
US86-0455790
Property summary
AI-generated overview

This exceptional 1.95-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Draper, Utah. Located at 762 W 12300 S, 84020, this property boasts convenient access to Interstate 15, ensuring seamless connectivity for businesses and employees. The high frontage road provides excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The property is zoned C01, offering flexibility for various commercial uses. The asking price is $3,000,000. This prime location in Salt Lake County, Utah, offers significant potential for growth and return on investment. The expansive lot size provides ample space for substantial development projects, catering to businesses seeking a prominent presence in a rapidly developing area. Its strategic location near I-15 ensures easy access to major transportation routes, connecting businesses to a wider market. The high visibility afforded by the frontage road is a key advantage, attracting potential customers and enhancing brand recognition. This is a rare opportunity to acquire a significant commercial land parcel in a highly desirable location, offering substantial potential for future development and profitability. Don't miss this chance to secure a piece of Draper's vibrant commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,390 SF
Lot 0.75 ac (32,670 SF)
Zoning code C-R
APN 28-29-309-012
UPID US86-0455790
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
Current use
Occupant on record · Public records
  • HANGAR 15 Bicycles - Draper (Bike/Boat/Book/etc) Store
  • Kuwahara Farms Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$503k
Blend (final) Blend
$545k
Owner & transaction history
True Enterprises LLC · 24 yrs held
True Enterprises LLC
since 2001
6 recorded transactions
2021
Price N/A
2001
Price N/A
2001
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-R · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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