10975 Sterling View DrSouth Jordan, UT 84095

  • Mixed-use properties
  • 91,098 SF
For Lease
$22.50/SF/YR View listing

Property Details for 10975 Sterling View Dr

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
8.36 AC
Property size (Sq ft)
91,098 SF
Zone code
2-CFF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
27-13-376-025
APU
2713376025

Description

This exceptional two-story Class B office building, constructed in 1997, offers a prime opportunity for businesses seeking flexible and modern workspace in South Jordan, Utah. Located at 10975 S Sterling Vw Dr, 84095, this property boasts a total of 91,936 square feet, with a significant 80,082 square feet currently vacant. The building is ideally suited for a variety of office uses, including executive, medical, and creative office spaces. Multiple tenancy options are available, with spaces ranging from a minimum of 34,485 square feet to a maximum contiguous space of 45,597 square feet. The building provides ample parking, with a ratio of 7 spaces per 1,000 square feet. Situated in Salt Lake County, this property offers convenient access to major transportation routes and amenities. The building's versatile layout and substantial vacant space present a unique opportunity to customize a workspace to meet specific business needs. This is an excellent chance to secure a prominent location in a thriving South Jordan business community. Contact us today to learn more about leasing opportunities in this impressive office building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,842,516
    6.5%
    $27,546,938
    7%
    $25,579,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,289,800
    Geo Method
    $28,289,800
  • Alternative Use

    Use
    Valuation
    Residential
    $27,546,938
    Hospitality
    $25,232,848
    Educational
    $20,993,434
    Medical
    $21,715,430
    Retail
    $32,656,452
10975 Sterling View Dr, South Jordan, Utah

Location Insight

City
South Jordan
County
Salt Lake
State
Utah
Latitude
40.5527
Longitude
-111.903
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
$178,921
$7,647,400
$9,942,200
$17,589,600
-
$7,647,400
$9,942,200
$17,589,600

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