1557 11400South Jordan, UT 84009

  • Retail properties
  • 4,506 SF
For Lease
$40/SF/YR View listing

Property Details for 1557 11400

Lot size
0.67 AC
Property size (Sq ft)
4,506 SF
Zone code
MU-SUU
Property type
Retail properties
Property subtype
Strip malls
APN
27-22-404-027
APU
2722404027

Description

This exceptional 1,400 square foot retail space is available for lease in the vibrant city of South Jordan, Utah. Located at 1557 West 11400 South, zip code 84009, this single-tenant property presents a fantastic opportunity for businesses seeking a prime location in Salt Lake County. The entire building, totaling 1,400 square feet, is currently vacant and ready for immediate occupancy. This presents a blank canvas for a new tenant to design and build out their ideal retail space. The property's classification is retail commercial, offering high visibility and accessibility for customers. Its location in South Jordan provides access to a thriving community with a strong consumer base. The property is conveniently situated, offering easy access to major roadways and ample parking for customers and employees. This is an excellent opportunity for a business looking to establish a strong presence in a desirable area of Utah. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore this promising retail space. The property is categorized as a single-tenant building, ensuring privacy and control over the entire space. This presents a unique opportunity for businesses seeking a dedicated and independent location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,749,904
    6.5%
    $1,615,296
    7%
    $1,499,918
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,274,998
    Geo Method
    $2,274,998
  • Alternative Use

    Use
    Valuation
    Residential
    $1,362,563
    Hospitality
    $1,248,100
    Educational
    $1,038,405
    Medical
    $1,074,117
    Retail
    $1,615,296
1557 11400, South Jordan, Utah

Location Insight

City
South Jordan
County
Salt Lake
State
Utah
Latitude
40.5437
Longitude
-111.936
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
$12,028
$468,900
$716,200
$1,185,100
-
$468,900
$716,200
$1,185,100

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