10300 Redwood RdSouth Jordan, UT 84095

Property Details for 10300 Redwood Rd

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.81 AC

Property size (Sq ft)

30,235 SF

Zone code

M-U

Property type

Retail properties

Property subtype

Other individual retail properties

APN

27-15-127-015

APU

2715127015

Description

This exceptional investment opportunity presents a fully operational, 33,500 square foot indoor recreation center situated on a 1.81-acre lot in South Jordan, Utah. The property, located at 10300 S Redwood Rd, 84095, within Salt Lake County, boasts a two-story building with a main level encompassing 26,492 square feet and a 6,995 square foot upper level. The center is zoned M-U and features a diverse range of amenities designed to cater to a broad clientele. These include a basketball court, a swimming pool, fully equipped aerobic and weight rooms, and a dedicated children's play area, along with a reception area and other supporting spaces. The property's substantial size and comprehensive facilities make it an ideal acquisition for investors seeking a high-return asset in a thriving community. The asking price for this turnkey operation is $5,975,000. Further details are available upon request. This property is quietly marketed

• CAP approach

  CAP return

  Valuation

  6%

  $11,741,710

  6.5%

  $10,838,502

  7%

  $10,064,323

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,265,107

  Geo Method

  $15,265,107

• Alternative Use

  Use

  Valuation

  Residential

  $9,142,682

  Hospitality

  $8,374,648

  Educational

  $6,967,608

  Medical

  $7,207,235

  Retail

  $10,838,502

Location Insight

City

South Jordan

County

Salt Lake

State

Utah

Latitude

40.5646

Longitude

-111.939

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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