5416 Amelia Earhart DrSalt Lake City, UT 84116

  • Mixed-use properties
  • 140,552 SF
For Lease

Property Details for 5416 Amelia Earhart Dr

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
10.83 AC
Property size (Sq ft)
140,552 SF
Zone code
M-1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
07-36-151-013
APU
736151013

Description

International Plaza, located at 5416 W. Amelia Earhart Dr, Salt Lake City, UT 84116, offers a unique blend of creative office, flex, warehouse, and distribution space. This Class B property, totaling 140,552 square feet across two single-story buildings, underwent renovations in 2023. Currently, 55,062 square feet is available, with spaces ranging from 7,000 to 96,796 square feet. The 10.83-acre campus features ample parking with 650 spaces and two loading docks with two dock-high doors. Built in 1978, the property boasts three entrances and is conveniently situated near Salt Lake International Airport, a short 10-minute drive from downtown Salt Lake City. The property includes a 900KVA backup generator supporting all building circuits and HVAC systems, making it ideal for various businesses, including corporate offices, back offices, call centers, and tech R&D. The property's APN is 07-36-151-013-0000 and is situated in Salt Lake County. This versatile property offers a beautifully landscaped setting and caters to diverse business needs. The property is multi-tenant. No elevators are present.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $46,041,092
    6.5%
    $42,499,468
    7%
    $39,463,792
  • Comparable approach

    Method
    Valuation
    Relative Method
    $43,647,368
    Geo Method
    $43,647,368
  • Alternative Use

    Use
    Valuation
    Residential
    $42,499,468
    Hospitality
    $38,929,284
    Educational
    $32,388,708
    Medical
    $33,502,606
    Retail
    $50,382,436
5416 Amelia Earhart Dr, Salt Lake City, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.7774
Longitude
-112.021
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
$198,318
$5,425,200
$14,635,300
$20,060,500
-
$5,425,200
$14,635,300
$20,060,500

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