10923 Redwood RdSouth Jordan, UT 84095

Property Details for 10923 Redwood Rd

Year built

1930

Lot size

0.20 AC

Property size (Sq ft)

2,100 SF

Zone code

C-C

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

27-15-451-037

APU

2715451037

Description

This exceptional two-story, 2,200 square foot Class B office building, located at 10923 S Redwood Rd, South Jordan, UT 84095, presents a unique owner-user opportunity. Built in 1930 and extensively renovated in 2020, the property boasts a blend of historic charm and modern functionality. The complete renovation included the restoration of original wood floors, replacement of HVAC systems and the water heater, ensuring energy efficiency and comfort. The building offers full ADA accessibility and a 24-hour security system, providing peace of mind. Benefit from unbeatable visibility and convenient access thanks to its prominent location. The property features a shared parking lot and monument signage is available (shared with the adjacent building). Landscaping is xeriscaped, minimizing maintenance requirements. The building is a freestanding structure, offering privacy and control. The current owner is willing to lease back the property under a negotiated term. An adjacent building is also available for purchase, presenting an opportunity for expansion or investment diversification. This meticulously maintained property offers a rare combination of historical character and modern amenities, making it an ideal investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $687,933

  6.5%

  $635,015

  7%

  $589,657

• Comparable approach

  Method

  Valuation

  Relative Method

  $652,139

  Geo Method

  $652,139

• Alternative Use

  Use

  Valuation

  Residential

  $635,015

  Hospitality

  $581,670

  Educational

  $483,943

  Medical

  $500,586

  Retail

  $752,800

Location Insight

City

South Jordan

County

Salt Lake

State

Utah

Latitude

40.5528

Longitude

-111.938

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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