564 400Bountiful, UT 84010

  • Office buildings
  • 2,016 SF
For Sale
$3,400,000 View listing

Property Details for 564 400

Year built
1902
Lot size
1.43 AC
Property size (Sq ft)
2,016 SF
Zone code
CG
Property type
Office buildings
APN
06-037-0076
APU
60370076

Description

Eldredge Manor, a stunning historic estate in Bountiful, Utah, presents a unique investment opportunity. This special purpose property, encompassing 15,000 square feet of net rentable space, sits on a generous 1.86-acre lot. Originally constructed between 1896 and 1898, the two-story mansion underwent a complete renovation and improvement in 2005, blending historical charm with modern updates. The asking price is $3,400,000, translating to $213.33 per square foot. The property is being sold as an asset sale, including all fixtures, furniture, and equipment (FF&E). Its classification as Sports/Entertainment suggests a versatile potential for various uses. Located at 564 W 400 N, Bountiful, UT 84010, in Davis County, this property offers significant potential for a discerning buyer seeking a unique and substantial investment in a desirable Utah location. The expansive grounds and the building's inherent character provide a remarkable foundation for a variety of ventures. This is a turnkey opportunity for immediate use and potential development. The property's history and current condition combine to create a truly exceptional offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $532,560
    6.5%
    $491,594
    7%
    $456,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $403,906
    Geo Method
    $403,906
  • Alternative Use

    Use
    Valuation
    Residential
    $609,577
    Hospitality
    $558,369
    Educational
    $464,557
    Medical
    $480,533
    Retail
    $722,644

Location Insight

City
West Bountiful
County
Davis
State
Utah
Latitude
40.8944
Longitude
-111.895
CBSA code
36260
CBSA name
OGDEN-CLEARFIELD, 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
$17,939
$336,551
$552,116
$888,667
-
$611,911
$1,003,848
$1,615,759

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