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$ 900,000
Est. payment /mo
New
5025 S HIGHLAND DR Holladay, UT 84117
0.43 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2188120
HOA Y/N No
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Commercial
Property Description
Positioned within Holladay's expanding high-density residential corridor, this approximately .43-acre (18,834 SF) C-2 commercial development site is strategically located to serve one of the area's fastest growing residential populations and the increasing demand for neighborhood retail and dining . The surrounding area has experienced significant multifamily development in recent years, with hundreds of existing and newly constructed residential units within the immediate trade area. National retailers including Trader Joe's, Chipotle, and Chase Bank have recently established nearby locations, cementing the corridor as one of Holladay's premier destinations for neighborhood serving retail and restaurant development and validating the area's exceptional demographic momentum. The property includes an approved concept plan for an approximately 10,000 SF mixed-use building featuring a ground floor restaurant and 29 parking stalls. Holladay City previously approved a reduced parking ratio in recognition of the area's walkability and surrounding residential density. PROPERTY HIGHLIGHTS Excellent visibility along Highland Drive Surrounded by Significant Existing & New Multifamily Development National Companies like Trader Joes, Chipotle, and Chase Bank are establishing new locations in the area. Stubbed Utilities Clean Phase 1 Environmental Report Previously approved 10,000 SF mixed-use concept Reduced parking ratio previously accepted by Holladay City All information has been provided by Seller as a courtesy and is deemed reliable but not guaranteed. Buyer and Buyer's Agent are advised to independently verify all information, including but not limited to square footage, acreage, zoning, financial information, condition, permits, intended use, and all other material facts prior to closing
Location
State UT
County Salt Lake
Area Holladay; Murray; Cottonwd
Interior
Fireplace No
Exterior
View Y/N No
Present Use Commercial
Private Pool No
Building
New Construction No
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
Others
Senior Community No
Tax ID 22-09-430-006
Listed by KW Utah Realtors Keller Williams
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