320 200Salt Lake City, UT 84101

  • Residential income properties
  • 8,296 SF
For Lease
$19.25/SF/YR View listing

Property Details for 320 200

Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.22 AC
Property size (Sq ft)
8,296 SF
Zone code
RMU
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
16-06-182-003
APU
1606182003

Description

The Keyser Building, a beautifully renovated 3-story, Class B commercial building, offers unique creative office spaces in Salt Lake County. Built in 1919 and extensively renovated in 2012, this building boasts 33,000 square feet of total space, currently featuring 15,310 square feet of vacant space available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 3,447 square feet to a maximum contiguous space of 8,250 square feet. The building features high 12-foot ceilings, adding to the spacious and airy feel of the lofts. Modern conveniences include elevators. The building's location on the west periphery of downtown Salt Lake City, near 200 South, provides excellent access to the city's amenities and transportation networks. The zoning is commercial, allowing for a variety of business uses. This is a rare opportunity to lease in a historic building with modern updates, perfect for businesses seeking a unique and inspiring work environment. The building's floor plan allows for flexibility in configuring spaces to meet individual tenant needs. Inquire today to learn more about leasing opportunities in this desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,717,556
    6.5%
    $2,508,513
    7%
    $2,329,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,576,260
    Geo Method
    $2,576,260
  • Alternative Use

    Use
    Valuation
    Residential
    $2,508,513
    Hospitality
    $2,297,785
    Educational
    $1,911,730
    Medical
    $1,977,477
    Retail
    $2,973,802
320 200, Salt Lake City, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.7646
Longitude
-111.882
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
$7,596
$763,300
$5,100
$768,400
-
$763,300
$5,100
$768,400

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