120 Redwood RdNorth Salt Lake, UT 84054

  • Office properties
  • 14,050 SF
For Lease
$15/SF/YR View listing

Property Details for 120 Redwood Rd

Year built
2017
Lot size
2.85 AC
Property size (Sq ft)
14,050 SF
Zone code
MD
Property type
Office properties
Property subtype
Office buildings
APN
01-475-0001
APU
14750001

Description

Legacy Parkview, located at 120 N Redwood Rd, North Salt Lake, UT 84054, offers exceptional flex space opportunities. This industrial property boasts a total of 13,794 square feet, divided into two suites. Suite 3 offers 3,087 square feet, while Suite 4 provides 7,693 square feet. The property features a desirable 12-foot clear ceiling height, enhancing versatility and storage capacity. Four drive-in doors (8' wide x 10' high) ensure convenient loading and unloading. The building is equipped with 3-phase power and a wet fire suppression system, prioritizing safety and operational efficiency. Each suite includes attractive window lines and kitchenettes, adding to the overall functionality and appeal. The property also benefits from one acre of improved car parking, providing ample space for employees and visitors. Its prime location on Redwood Road offers excellent visibility and accessibility, with convenient access to the freeway system (1-215) less than a mile away. Flexible layout options allow for customization to meet diverse business needs. The minimum divisible space is 3,087 square feet, while the maximum contiguous space available is 10,780 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,711,576
    6.5%
    $3,426,070
    7%
    $3,181,351
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,814,918
    Geo Method
    $2,814,918
  • Alternative Use

    Use
    Valuation
    Residential
    $4,248,327
    Hospitality
    $3,891,444
    Educational
    $3,237,636
    Medical
    $3,348,984
    Retail
    $5,036,323
120 Redwood Rd, North Salt Lake, Utah

Location Insight

City
North Salt Lake
County
Davis
State
Utah
Latitude
40.8444
Longitude
-111.93
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
$33,840
$498,326
$1,363,238
$1,861,564
-
$906,048
$2,478,615
$3,384,663

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