4455 Lake Park BlvdWest Valley City, UT 84120

  • Land
  • 10.19 AC
For Sale
$7,100,000 View listing

Property Details for 4455 Lake Park Blvd

Lot size
10.19 AC
Zone code
B-/RP
Property type
Land
Property subtype
Commercial land
APN
15-30-126-013
APU
1530126013

Description

This exceptional 10.19-acre commercial land parcel presents a remarkable investment opportunity in West Valley City, Utah. Strategically located within the Scenic Lake Park Business Center, this property boasts unparalleled access to major transportation arteries, including Bangerter Highway, Mountain View Corridor, Highway 201, and Salt Lake International Airport, ensuring seamless connectivity and efficient logistics. The property's zoning allows for a diverse range of uses, including office, retail, life sciences, and warehouse facilities, providing flexibility for various development plans. Specifically, up to 60% of the development can be allocated to warehouse space, and up to 60% can be dedicated to light manufacturing. This versatility makes it ideal for a wide spectrum of businesses seeking a strategic location with excellent infrastructure. The property is situated at 4455 Lake Park Blvd, West Valley City, UT 84120, within Opportunity Zone ID 49035114500, potentially offering significant tax advantages. The asking price for this prime commercial land is $7,100,000. This presents a unique chance to acquire a substantial land holding in a thriving area with high growth potential. Don't miss this opportunity to secure a valuable asset in a rapidly developing commercial hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $134,218,848
    Hospitality
    $122,943,744
    Educational
    $102,287,752
    Medical
    $105,805,584
    Retail
    $159,114,288
4455 Lake Park Blvd, West Valley City, Utah

Location Insight

City
West Valley City
County
Salt Lake
State
Utah
Latitude
40.7101
Longitude
-111.997
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
$49,521
$3,994,900
-
$3,994,900
-
$3,994,900
-
$3,994,900

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