12894 Pony Express RdDraper, UT 84020

Property Details for 12894 Pony Express Rd

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.83 AC

Property size (Sq ft)

37,797 SF

Zone code

CBP

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

27-36-277-017

APU

2736277017

Description

This exceptional 5,506 square foot executive office space is available for lease within the Pony Express Center, a single-story Class C office building located at 12894 South Pony Express Road in Draper, Utah, zip code 84020. Built in 2004, the Pony Express Center sits on a 2.83-acre lot and offers a total of 40,509 square feet of office space. The building features ample parking with a ratio of 3 spaces per 1000 square feet. This particular suite offers immediate occupancy and is ideal for a business seeking a prominent location in the thriving Draper submarket of Salt Lake County. The property's single-story design provides convenient access and a functional layout. The building is categorized as a multi-tenant property, providing opportunities for networking and collaboration. The address is easily accessible and benefits from its location within the dynamic Draper business community. This space presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a desirable Utah location. The available space totals 5,506 square feet, offering flexibility for various business needs. Inquire today to learn more about leasing this prime office space.

• CAP approach

  CAP return

  Valuation

  6%

  $12,381,888

  6.5%

  $11,429,435

  7%

  $10,613,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,737,575

  Geo Method

  $11,737,575

• Alternative Use

  Use

  Valuation

  Residential

  $11,429,435

  Hospitality

  $10,469,301

  Educational

  $8,710,335

  Medical

  $9,009,897

  Retail

  $13,549,411

Location Insight

City

Draper

County

Salt Lake

State

Utah

Latitude

40.5168

Longitude

-111.894

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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