4125 Main StMillcreek, UT 84107

Property Details for 4125 Main St

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.20 AC

Property size (Sq ft)

6,656 SF

Zone code

M-1

Property type

Retail space

APN

22-06-101-030

APU

2206101030

Description

This exceptional flex space, located at 4125 South Main Street, Suite D, Millcreek, offers 1,952 square feet of clean and functional warehouse space ideal for a variety of businesses. Currently available for lease, this unit boasts a desirable central Salt Lake Valley location, providing easy access to I-15. The space includes two offices and a restroom, adding to its versatility. The warehouse area itself comprises 1,430 square feet, complemented by two parking stalls. A generous 10' x 12' grade-level door and a 16' clear height ceiling enhance functionality and accessibility. The property is zoned M, allowing for various uses including light manufacturing, retail, and services. Please note that auto repair, auto sales, and auto detailing are not permitted uses. The monthly rent is $2,137 NNN. This is one of four suites in the building, presenting a unique opportunity for a business seeking a well-maintained and conveniently located warehouse space. The property's strategic location and functional layout make it an attractive option for businesses seeking efficient and accessible operations within the Salt Lake Valley.

• CAP approach

  CAP return

  Valuation

  6%

  $2,584,790

  6.5%

  $2,385,960

  7%

  $2,215,534

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,360,494

  Geo Method

  $3,360,494

• Alternative Use

  Use

  Valuation

  Residential

  $2,012,646

  Hospitality

  $1,843,573

  Educational

  $1,533,831

  Medical

  $1,586,582

  Retail

  $2,385,960

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6819

Longitude

-111.891

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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