6383 3500West Valley City, UT 84128

Property Details for 6383 3500

Year built

1981

Lot size

1.01 AC

Property size (Sq ft)

11,616 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

14-35-101-032

APU

1435101032

Description

This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in the thriving West Valley City market. Situated at the hard corner of a signalized intersection at 6383 W 3500 S, this property boasts unparalleled visibility and accessibility. The lot is zoned C-1 (Neighborhood Commercial), allowing for a wide range of commercial uses. The sale price is $30 per square foot. Detailed surveys and geotechnical reports are readily available for due diligence. The property is gas restricted. This strategic location offers significant potential for high returns, making it an ideal choice for developers and investors seeking a prime commercial site in a rapidly growing area. The property's address is 6383 W 3500 S, West Valley City, UT 84128, within Salt Lake County. This is a rare opportunity to acquire a well-positioned commercial lot in a desirable location with excellent visibility and access. The property's size and zoning make it suitable for a variety of commercial developments. Don't miss this chance to secure a valuable asset in a dynamic market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,510,942

  6.5%

  $4,163,946

  7%

  $3,866,522

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,864,710

  Geo Method

  $5,864,710

• Alternative Use

  Use

  Valuation

  Residential

  $3,512,444

  Hospitality

  $3,217,380

  Educational

  $2,676,823

  Medical

  $2,768,883

  Retail

  $4,163,946

Location Insight

City

West Valley City

County

Salt Lake

State

Utah

Latitude

40.696

Longitude

-112.044

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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