6955 Union Park CtrMidvale, UT 84047

  • Mixed-use properties
  • 107,950 SF
For Lease
$28/SF/YR View listing

Property Details for 6955 Union Park Ctr

Year built
1996
Construction
STEEL FRAME
Lot size
1.91 AC
Property size (Sq ft)
107,950 SF
Zone code
O-R-D
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
22-20-478-030-4001
APU
22204780304001

Description

This exceptional Class A office building, located at 6955 S Union Park Center in Midvale, Utah, 84047, offers multiple tenancy options within a 104,329 square foot, five-story granite and glass structure. The property sits on a 1.08-acre lot and boasts stunning views of the Salt Lake Valley and Wasatch Mountains. Available spaces range from 4,019 to 6,620 square feet, perfect for businesses seeking executive suites or traditional office space. The building features a striking two-story granite and glass lobby, ample parking (4 to 1000 sf), and elevators for convenient access to all floors. Its convenient location near Fort Union Blvd, in Salt Lake County, provides easy access to major transportation routes. The property is zoned ORD, ensuring flexibility for various business types. This is a prime opportunity to secure prestigious office space in a highly desirable location. The building's modern design and amenities create a professional and productive work environment. Don't miss this chance to establish your business in this impressive Class A building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $35,362,524
    6.5%
    $32,642,328
    7%
    $30,310,734
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,523,062
    Geo Method
    $33,523,062
  • Alternative Use

    Use
    Valuation
    Residential
    $32,642,328
    Hospitality
    $29,900,198
    Educational
    $24,876,614
    Medical
    $25,732,158
    Retail
    $38,696,956
6955 Union Park Ctr, Midvale, Utah

Location Insight

City
Cottonwood Heights
County
Salt Lake
State
Utah
Latitude
40.6252
Longitude
-111.857
CBSA code
41620
CBSA name
SALT LAKE CITY, 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
$222,506
$1,976,000
$20,067,400
$22,043,400
-
$1,976,000
$20,067,400
$22,043,400

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