Riverton, Utah: A Premier Destination for Commercial Real Estate

Introduction

Riverton, Utah, is increasingly becoming a sought-after location for commercial real estate (CRE) investment. Nestled within the rapidly growing Salt Lake County, Riverton offers a dynamic economy characterized by a diverse range of industries. Known for its strategic location and robust infrastructure, the city is an attractive hub for businesses seeking office, industrial, and retail spaces. Riverton's economic landscape is shaped by sectors such as healthcare, technology, and retail, making it a promising destination for CRE professionals.

Economic and Industry Overview

Riverton's economy is driven by a variety of industries that create a high demand for different types of commercial properties. The healthcare sector is bolstered by the presence of top-tier medical facilities, while the technology sector benefits from proximity to Silicon Slopes, Utah’s tech corridor. The retail industry thrives due to Riverton's growing population and consumer base. These industries contribute to a steady demand for office spaces, industrial properties for logistics, and vibrant retail centers. Regional economic development initiatives, such as the Salt Lake County Economic Development, support these thriving sectors.

Strategic Location and Transportation Infrastructure

Riverton boasts a strategic position in the Salt Lake Valley, with access to major highways such as I-15 and Bangerter Highway, facilitating efficient transportation and logistics operations. The nearby Salt Lake City International Airport offers global connectivity, while the Union Pacific Railroad provides vital freight services. These transportation assets make Riverton an ideal location for businesses reliant on distribution and access to a skilled labor pool. For more information on transportation infrastructure, refer to the Utah Department of Transportation.

Commercial Real Estate Inventory & Zoning

Riverton's commercial real estate market is diverse, with major submarkets including the city’s central business district (CBD) and industrial corridors. These areas offer a mix of asset classes such as industrial warehouses, retail spaces, and office buildings. Recent zoning updates have introduced incentives for developers, encouraging mixed-use developments that integrate commercial and residential spaces. For zoning maps and parcel information, visit the Riverton City Zoning Maps.

Major Employers and Institutions

Riverton is home to several major employers that drive CRE demand. Notable institutions include Intermountain Riverton Hospital and the Riverton City Government. The presence of these organizations, along with other corporate headquarters and tech campuses, underpins the demand for office and industrial spaces. For a comprehensive list of major employers, check the Riverton Business Directory.

Notable Commercial Developments & Projects

The city is witnessing significant commercial developments, including the Mountain View Village, a mixed-use project featuring retail, dining, and entertainment options. Additionally, Riverton is part of several Opportunity Zones, offering tax incentives for investors in underserved areas. Public-private partnerships are catalyzing infrastructure improvements and new commercial projects. Detailed planning information is available at the Riverton Planning Department.

Building Permits, Planning, and Development Tools

Riverton provides comprehensive resources for developers through its building and safety department. Interested parties can access permitting portals, GIS services, and development codes via the following links:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code PDF

Market Data & Economic Reports

Riverton offers access to a variety of public data sets and economic reports useful for CRE analysis. Resources such as census.gov and the city's open data portal provide valuable insights into demographic and economic trends. Brevitas leverages AI-powered aggregation from these public sources to offer comprehensive market insights. Explore Brevitas-powered dashboards for Riverton here.

Why Use Brevitas for Riverton, Utah CRE?

Brevitas offers a suite of AI-driven tools designed to enhance CRE discovery and transaction efficiency in Riverton. Real-time market alerts, smart property pages, and dealroom collaboration are just a few features available to users. Our platform supports brokers and developers with auto-generated listing pages, email and landing page tools, and exclusive listings for premium exposure. Partner with Brevitas to maximize your commercial real estate opportunities in Riverton, Utah.

This page provides a comprehensive overview of Riverton, Utah's commercial real estate landscape, optimized for industry professionals and investors seeking detailed insights and opportunities in the area.