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12341 S REDWOOD RD, Riverton, UT 84065
$990,000
12341 S REDWOOD RD, Riverton, UT 84065
Type
SFR
List Price
$990,000
Price/Sqft
$440
Est Gross Yield
2.1%
$20,772/yr est.
Property Details
Description
Rare .90-acre opportunity in a prime Riverton location! Perfectly positioned with exceptional access to Redwood Road, I-15, and the heart of the Riverton area, this property offers both convenience and incredible future potential. Currently zoned RR-22, with strong potential for an easy rezone to RM-6, the possibilities here are substantial. Whether you're looking to renovate and enjoy the existing residential home, create a flag lot and develop, sell off the rear portion, or pursue a multi-family development opportunity, this property provides flexibility for investors, builders, and owner-occupants alike. The .90-acre lot features mature trees, expansive open space, a horse barn, and beautiful mountain views-offering a rare blend of rural charm and urban accessibility. With nearly an acre in a rapidly growing area, opportunities like this are increasingly hard to find. Endless potential. Prime location. Exceptional investment opportunity.
Listed by Shalauna Waters · Better Homes and Gardens Real Estate Momentum (Lehi)
Location
12341 S REDWOOD RD, Riverton, UT 84065
Proforma
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Cap Rate
1.40%
Cash-on-Cash
-8.75%
Cash Flow
-$2,707/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/8/2026, 12:15:23 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.