75 Main Street CtAlpine, UT 84004

  • Office properties
  • 5,108 SF
For Lease
$20/SF/YR View listing

Property Details for 75 Main Street Ct

Year built
2005
Lot size
0.06 AC
Property size (Sq ft)
5,108 SF
Property type
Office properties
Property subtype
Office buildings
APN
34-584-0004
APU
345840004

Description

This stunning, two-story Class A office building, totaling 7,638 square feet, presents a unique investment opportunity in the desirable Alpine, Utah submarket. Built in 2005, the property boasts a rich history, having been thoughtfully renovated and updated to meet the needs of today's modern businesses. Currently, there is 2,496 square feet of immediately available space, perfect for a variety of office uses. The building sits on a 0.6-acre lot at 75 W Main St Ct, Alpine, UT 84004, offering convenient access to local amenities and major transportation routes. The building's traditional office design provides a timeless aesthetic, while its modern upgrades ensure optimal functionality and efficiency. The multiple tenancy structure allows for flexibility and potential for diverse income streams. This exceptional property offers a blend of historical character and contemporary functionality, making it an ideal location for businesses seeking a prestigious and productive workspace in the heart of Alpine, Utah County. The property's location in the Alpine submarket provides access to a thriving community and a strong workforce. Don't miss this chance to own a piece of Alpine's history and future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,356,336
    6.5%
    $1,252,003
    7%
    $1,162,574
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,023,388
    Geo Method
    $1,023,388
  • Alternative Use

    Use
    Valuation
    Residential
    $1,552,483
    Hospitality
    $1,422,066
    Educational
    $1,183,142
    Medical
    $1,223,832
    Retail
    $1,840,444
75 Main Street Ct, Alpine, Utah

Location Insight

City
Alpine
County
Utah
State
Utah
Latitude
40.449
Longitude
-111.779
CBSA code
39340
CBSA name
PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,782
-
-
$1,224,000
-
$191,600
$1,032,400
$1,224,000

FAQs

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