Utah commercial land property owners
What is your Utah commercial land worth?
Land is valued on what can be built there, how soon, and what it costs to get there. Here's what buyers look at, and how to get a real number on yours.
Get an opinion of value on my commercial landNo charge for the opinion of value, and no obligation. We're paid only if you later hire us to sell or lease, under a separate written agreement.
What buyers look at
Zoning and general plan
What's allowed now and what the city has planned for the area.
Utilities
Water, sewer, power and gas at the site, or how far away and how costly to bring.
Access and frontage
Road frontage, curb cuts and whether the city will allow the access you need.
Size, shape and slope
Usable acres matter more than total acres. Odd shapes and slopes cost money.
Water rights and wetlands
In Utah, water rights can carry real value; wetlands and floodplain can cut it.
Entitlements
Approved plats or site plans save a buyer time and risk, and buyers pay for that.
Helpful to have ready
- Parcel numbers
- Any surveys, plats or site plans
- Water rights paperwork, if any
- Notes from any meetings with the city
- Environmental or soils reports, if you have them
Don't have all of it? That's normal. The address is enough to start.
Before any number
Our main experience is industrial, land, office and retail in Salt Lake, Utah, Tooele and Box Elder counties. If your building is another type or somewhere else, we'll tell you up front if it's outside our usual experience and, with your OK, bring in a colleague who knows it, before giving you any opinion.
A broker opinion of value is not an appraisal. If a lender needs an appraisal, you'll need a state-licensed appraiser.
Want a real number on your commercial land?
Stockton Farnsworth, Associate Broker, licensed in Utah, Team Utah Commercial, brokered by RE/MAX Associates, looks at it personally.
Get an opinion of value on my commercial land
No charge for the opinion of value, and no obligation. We're paid only if you later hire us to sell or lease, under a separate written agreement.