8475 Sandy PkwySandy, UT 84070

Property Details for 8475 Sandy Pkwy

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

13.59 AC

Property size (Sq ft)

127,421 SF

Zone code

CR-PUD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

21-36-377-013-4001

APU

21363770134001

Description

This exceptional 131,703-square-foot single-story executive office building in Sandy, Utah, presents a unique investment opportunity. Situated on a spacious 13.6-acre lot, this property boasts a 12' 7" ceiling height, making it suitable for diverse uses. The building features heavy power, ensuring operational reliability, complemented by two backup generators (900 KVA and 750 KVA) and UPS systems. Ample parking is provided with a ratio of approximately 6.23 spaces per 1,000 square feet. An overhead door and significant loading zone potential further enhance its functionality. The CR-PUD zoning allows for redevelopment or continued industrial use. This versatile property is ideal for businesses seeking a substantial and well-equipped space in a prime Sandy location, and is available for both sale and lease. The entire building is currently vacant. Salt Lake County location and easy access to major transportation routes add to its appeal. This is a rare opportunity to acquire a substantial, well-maintained property with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $41,741,108

  6.5%

  $38,530,256

  7%

  $35,778,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,569,636

  Geo Method

  $39,569,636

• Alternative Use

  Use

  Valuation

  Residential

  $38,530,256

  Hospitality

  $35,293,508

  Educational

  $29,363,782

  Medical

  $30,373,648

  Retail

  $45,676,996

Location Insight

City

Sandy

County

Salt Lake

State

Utah

Latitude

40.5973

Longitude

-111.905

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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