1272 2240West Valley City, UT 84119

Property Details for 1272 2240

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.06 AC

Property size (Sq ft)

34,870 SF

Zone code

B/RP

Property type

Warehouses

APN

15-23-151-011

APU

1523151011

Description

This exceptional 12,679-square-foot flex space is situated within the Metro Business Park, Building T, in West Valley City, Utah. The property is part of a nine-building business park boasting a highly desirable location with easy access to major transportation arteries. Specifically, it offers convenient access to Highway 201, I-80, and the I-15 Interchange, placing it within minutes of the Salt Lake City International Airport. The building features a single, available suite totaling 12,679 square feet, ideal for a variety of business needs. The Metro Business Park provides a compelling environment for employees and clients alike, with attractive landscaping, ample parking, and the added benefit of walking access to the Trax light rail system. Located in Salt Lake County, at 1272 W 2240 S, West Valley City, UT 84119, this property presents a unique opportunity for businesses seeking a functional and well-connected space. The property type is classified as Office and Industrial, with a flex subtype, and is currently vacant. This single-suite building offers a contiguous space of 12,679 square feet, representing the minimum divisible space as well.

• CAP approach

  CAP return

  Valuation

  6%

  $19,589,600

  6.5%

  $18,082,700

  7%

  $16,791,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,177,900

  Geo Method

  $11,177,900

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $9,446,990

  Mixed-Use / Specialty

  $9,550,640

  Hospitality / Lodging

  $7,185,790

  Office

  $9,636,930

  Institutional / Educational

  $9,977,900

  Residential Income

  $11,674,100

  Multifamily

  $13,240,000

  Automotive / Energy

  $8,552,480

  Parking / Income-Based Land

  $2,815,680

  Restaurant / Food Service

  $5,260,440

  Healthcare / Senior Housing

  $9,653,180

Location Insight

City

West Valley City

County

Salt Lake

State

Utah

Latitude

40.723

Longitude

-111.927

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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