490 1100North Salt Lake, UT 84054

Property Details for 490 1100

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.67 AC

Property size (Sq ft)

8,929 SF

Zone code

CS

Property type

Retail properties

Property subtype

Strip malls

APN

06-095-0046

APU

60950046

Description

This exceptional 1,450-square-foot retail space is perfectly situated in North Salt Lake, Utah, at 490 E 1100 N, zip code 84054. Located in Davis County, this single-tenant property offers a fantastic opportunity for an automotive-related business. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize and build their ideal space. The property's size makes it suitable for a variety of automotive uses, from sales and service to parts distribution or detailing. The address provides excellent visibility and accessibility, ensuring high traffic and customer convenience. This is a rare opportunity to secure a well-located, sizable retail space in a thriving Utah community. The property is ready for immediate occupancy, allowing for a quick start to operations. Interested parties are encouraged to inquire promptly to secure this prime retail location. The property is classified as a single-tenant retail building, specifically suited for automotive businesses. Its location in North Salt Lake offers access to a strong local market and convenient transportation links. The 1,450 square feet provide ample space for a variety of automotive-related operations. This is a turnkey opportunity for a business seeking a well-positioned space in a growing area. Contact us today to schedule a viewing and discuss leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $3,467,376

  6.5%

  $3,200,655

  7%

  $2,972,037

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,508,092

  Geo Method

  $4,508,092

• Alternative Use

  Use

  Valuation

  Residential

  $2,699,872

  Hospitality

  $2,473,068

  Educational

  $2,057,564

  Medical

  $2,128,327

  Retail

  $3,200,655

Location Insight

City

North Salt Lake

County

Davis

State

Utah

Latitude

40.8608

Longitude

-111.9

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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