1465 700Salt Lake City, UT 84104

Property Details for 1465 700

Year built

1970

Lot size

0.22 AC

Property size (Sq ft)

3,360 SF

Zone code

CN

Property type

Turn key restaurants

APN

16-17-108-043

APU

1617108043

Description

This Salt Lake City industrial property, located at 1465 S 700 W, offers 20,160 square feet of versatile space, ideal for warehouse, distribution, manufacturing, flex, or R&D uses. The property features two suites, with minimum divisible space of 8,160 square feet and a maximum contiguous space of 20,160 square feet. Suite 1465 comprises 12,000 square feet, including 1,750 square feet of office space and 10,250 square feet of warehouse space, with two 10'x10' dock high doors and ramp access. Suite 1473 offers 8,160 square feet, featuring 2,000 square feet of office space and 6,160 square feet of warehouse space, also equipped with two 10'x10' dock high doors and ramp access. Both suites boast an 18-foot ceiling height. The entire building, constructed in 1975, sits on a one-acre lot and includes 28 total parking spaces, one drive-in door, and 3-phase power (240 volt/200 amp). The property's Class C designation and convenient location, offering immediate access to I-15 and proximity to downtown (5 minutes away), make it an attractive option for various businesses. The building's floor area ratio (FAR) is 0.64. APN is 15-13-101-010-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,304,808

  6.5%

  $1,204,439

  7%

  $1,118,407

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,696,404

  Geo Method

  $1,696,404

• Alternative Use

  Use

  Valuation

  Residential

  $1,015,989

  Hospitality

  $930,640

  Educational

  $774,282

  Medical

  $800,911

  Retail

  $1,204,439

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7377

Longitude

-111.871

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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