4393 Riverboat RdTaylorsville, UT 84123

  • Mixed-use properties
  • 100,768 SF
For Lease
$25/SF/YR View listing

Property Details for 4393 Riverboat Rd

Year built
1998
Construction
CONCRETE
Lot size
5.74 AC
Property size (Sq ft)
100,768 SF
Zone code
C-2
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
21-02-276-012
APU
2102276012

Description

This exceptional office property, Sorenson Research 12, offers a unique opportunity for businesses seeking flexible and modern workspace in Taylorsville, Utah. Located at 4393 S. Riverboat Rd Ste 400 & 410, this Class B building boasts 98,105 square feet of total space, with a significant 64,211 square feet currently vacant. The property features multiple tenancy options, with suites ranging from a minimum of 9,409 square feet to a maximum contiguous space of 23,848 square feet, catering to a variety of business needs and sizes. Built in 1998, the four-story building sits on a generous 5.74-acre lot, providing ample parking with a 5/1000 ratio. The property is conveniently located in the West Valley/Lake Park submarket of Salt Lake County, offering easy access to major transportation routes and amenities. This is an ideal location for businesses seeking a well-maintained, established office space in a thriving area. The property's executive office subtype provides a professional and sophisticated environment. The building's substantial size and flexible floor plans offer significant potential for customization and growth. Contact us today to learn more about leasing opportunities within this impressive Taylorsville office building. Zip code: 84123.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $33,009,532
    6.5%
    $30,470,338
    7%
    $28,293,886
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,292,746
    Geo Method
    $31,292,746
  • Alternative Use

    Use
    Valuation
    Residential
    $30,470,338
    Hospitality
    $27,910,666
    Educational
    $23,221,346
    Medical
    $24,019,964
    Retail
    $36,122,096
4393 Riverboat Rd, Taylorsville, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.6754
Longitude
-111.913
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
$141,158
$3,000,400
$9,488,100
$12,488,500
-
$3,000,400
$9,488,100
$12,488,500

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