217 3300South Salt Lake, UT 84115

Property Details for 217 3300

Year built

1972

Construction

WOOD FRAME

Lot size

0.23 AC

Property size (Sq ft)

3,942 SF

Zone code

C-C

Property type

Retail properties

Property subtype

Turn key restaurants

APN

16-30-327-015

APU

1630327015

Description

This exceptional 0.83-acre commercial land parcel presents a unique opportunity for development in the thriving South Salt Lake area of Utah. Located at 217 E 3300 S, South Salt Lake, UT 84115, this single-tenant site offers significant potential for a variety of commercial uses. The property's convenient location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-traffic area. The land is classified as commercial and is ready for immediate development, eliminating lengthy permitting processes. With its expansive size and prime location, this property is perfectly suited for a range of commercial ventures, from retail establishments to restaurants and service businesses. The site's flat topography simplifies construction, reducing costs and timelines. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly growing market. Don't miss out on this chance to secure a prime piece of real estate in South Salt Lake County. The property is zoned for commercial use and is ready for your vision. Contact us today to learn more about this exciting investment opportunity. This is a single-tenant property, offering a streamlined approach to development and management. The property's address is easily accessible and highly visible, ensuring maximum exposure for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $1,530,830

  6.5%

  $1,413,074

  7%

  $1,312,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,990,245

  Geo Method

  $1,990,245

• Alternative Use

  Use

  Valuation

  Residential

  $1,191,981

  Hospitality

  $1,091,848

  Educational

  $908,405

  Medical

  $939,646

  Retail

  $1,413,074

Location Insight

City

South Salt Lake

County

Salt Lake

State

Utah

Latitude

40.7002

Longitude

-111.885

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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