320 200Bountiful, UT 84010

Property Details for 320 200

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.74 AC

Property size (Sq ft)

4,928 SF

Zone code

C-G

Property type

Retail properties

Property subtype

Retail space

APN

03-025-0070

APU

30250070

Description

This exceptional retail property in Bountiful, Utah, presents a compelling investment opportunity. Situated on a 0.74-acre lot, the building boasts a spacious warehouse area featuring 14-foot ceilings and four 12x12-foot grade-level doors, all recently updated. The property also includes four additional grade-level doors, providing excellent access for loading and unloading. Ample parking is available, enhanced by a secure fenced area, ensuring both convenience and security for tenants and their operations. The front office area benefits from recently installed low-E windows, improving energy efficiency and comfort. Practical features such as floor drains in the warehouse add to the property's functionality. The expansive lot size offers significant potential for future expansion, with the possibility of constructing an additional structure on the existing site. This property's combination of prime location, substantial warehouse space, and expansion potential makes it an ideal investment for a variety of retail businesses seeking a well-equipped and strategically located facility in the thriving Bountiful market. The asking price is $1,580,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,913,670

  6.5%

  $1,766,465

  7%

  $1,640,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,488,058

  Geo Method

  $2,488,058

• Alternative Use

  Use

  Valuation

  Residential

  $1,490,079

  Hospitality

  $1,364,904

  Educational

  $1,135,584

  Medical

  $1,174,639

  Retail

  $1,766,465

Location Insight

City

Bountiful

County

Davis

State

Utah

Latitude

40.8859

Longitude

-111.886

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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