5025 Highland Drive

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5025 Highland Drive

Holladay, UT 84117
Asking Price
$900K
Asset Type
Commercial Land
Class
Class B

What's Special

High-Visibility C-2 Development Site Serving Holladay's Expanding High-Density Residential Corridor <p><strong>Excellent visibility along Highland Drive</strong></p><p><strong>Surrounded by Significant Existing & New Multifamily Development</strong></p><p><strong>Clean Phase 1 </strong><strong style="color: rgba(51, 51, 51, 1)">Environmental </strong><strong>Report</strong></p><p><strong>Previously approved 10,000 SF mixed-use concept</strong></p><p><strong>Reduced parking ratio previously accepted by Holladay City</strong></p><p><strong>Convenient Access to I-215, Holladay Village & the Centr

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493

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