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    OFF-MARKET
    Commercial land

    923 Pioneer Rd, Draper, UT 84020-9323

    1,110 SF 0.16 ac lot Built 1944
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US86-0311553
    Property summary
    AI-generated overview

    This exceptional 6,970 square foot storefront property at 923 E Pioneer Rd, Draper, UT 84020, presents a unique investment opportunity. Situated on a 0.16-acre lot (APN 28-29-329-014), this mixed-use zoned parcel offers significant potential for owner-users or developers. The asking price is $447,000, translating to a land value of $64.14 per square foot. The rectangular lot boasts an impressive 89-foot frontage, maximizing its development potential. The property's current configuration is a single-unit retail space, ideal for a variety of businesses. Included in the sale are plans for a mixed-use building designed to optimize the lot's size and zoning allowances. This prime location in Draper, Utah offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The property's size and zoning flexibility make it suitable for a diverse range of development projects, from expanding an existing business to creating a new mixed-use development. Don't miss this chance to acquire a valuable asset in a thriving Utah market.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1944
    Total area 1,110 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code TC
    APN 28-29-329-014
    UPID US86-0311553
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Margaret A Swiler · 4 yrs held
    Margaret A Swiler
    since 2021
    2 recorded transactions
    2021
    2018
    Zoning & alternative use
    TC · Draper, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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