48 9400Sandy, UT 84070

  • Warehouses
  • 5,174 SF
For Sale
$750,000 View listing

Property Details for 48 9400

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.73 AC
Property size (Sq ft)
5,174 SF
Zone code
CBD
Property type
Warehouses
APN
28-07-101-048
APU
2807101048

Description

This exceptional retail property, located at 48 9400 in Sandy, UT, presents a unique investment opportunity. Priced at $750,000, this 0.29-acre lot boasts a prime location adjacent to the Real Salt Lake soccer stadium, a significant development valued at $400 million. The property's strategic positioning offers substantial potential for high returns. The sale includes an active garage situated at the southwest gate of the stadium, providing immediate income potential or redevelopment possibilities. Further enhancing the value proposition is the inclusion of an adjacent 0.04-acre lot (Tax ID # 2701476034000), expanding the overall footprint and development options. This combined parcel offers significant flexibility for a variety of commercial uses, capitalizing on the high traffic and visibility associated with the stadium's location. The recent price reduction makes this an even more compelling investment opportunity. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property's proximity to the stadium and its high-profile location offer significant long-term growth potential. This is a rare chance to acquire a strategically located retail property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,564,547
    Hospitality
    $1,433,117
    Educational
    $1,192,336
    Medical
    $1,233,342
    Retail
    $1,854,745

Location Insight

City
Sandy
County
Salt Lake
State
Utah
Latitude
40.5802
Longitude
-111.89
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
2024
$13,273
$772,700
$577,400
$1,350,100
-
$772,700
$577,400
$1,350,100

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