1775 200Salt Lake City, UT 84104

Property Details for 1775 200

Year built

1982

Construction

STEEL FRAME

Lot size

4.31 AC

Property size (Sq ft)

16,800 SF

Zone code

M-1

Property type

Retail properties

Property subtype

Auto shops

APN

15-03-177-042

APU

1503177042

Description

This exceptional opportunity presents a half-acre (21,780 sq ft) parcel of a larger one-acre lot available for lease in Salt Lake City, Utah. Located at 1775 W 200 S, Salt Lake City, UT 84104, this property boasts unparalleled access to major transportation arteries, including I-80 and I-215, placing it minutes from the Salt Lake City International Airport and downtown Salt Lake City. The site offers approximately 42,000 square feet of usable land, ideal for parking vehicles, trucks, trailers, or establishing a mobile office. The property is partially fenced along the front with a secure, lockable gate entrance. Utilities include on-site water and electric. The adjacent half-acre is currently leased to a dumpster company. This is a single-tenant lease; the property owner will cover property taxes and insurance, while the tenant is responsible for site maintenance and upkeep. This is not a NNN lease. The property's strategic location and ample space make it an attractive option for businesses seeking convenient access to major transportation routes and city amenities. Inquire today for pricing and leasing details.

• CAP approach

  CAP return

  Valuation

  6%

  $6,524,011

  6.5%

  $6,022,164

  7%

  $5,592,010

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,482,018

  Geo Method

  $8,482,018

• Alternative Use

  Use

  Valuation

  Residential

  $5,079,921

  Hospitality

  $4,653,180

  Educational

  $3,871,391

  Medical

  $4,004,534

  Retail

  $6,022,164

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7645

Longitude

-111.941

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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