4246 Riverboat RdTaylorsville, UT 84123

Property Details for 4246 Riverboat Rd

Year built

1998

Construction

STEEL FRAME

Lot size

6.50 AC

Property size (Sq ft)

121,716 SF

Zone code

M-1

Property type

Investment properties

Property subtype

Retail residential properties

APN

21-02-251-014

APU

2102251014

Description

This exceptional executive office space at 4246 Riverboat Rd, Taylorsville, UT 84123, offers multiple suites for lease within the Sorenson Research Park 7 building. Suites range from 5,682 to 14,835 square feet, providing flexibility for businesses of various sizes. A total of 20,517 square feet is currently vacant and ready for immediate occupancy. The property boasts a convenient 5/1000 parking ratio, ensuring ample parking for tenants and their guests. Its prime location in Salt Lake County offers easy access to major transportation arteries, including I-15 and I-215 freeways, providing seamless commutes for employees. The surrounding area is rich with amenities, including nearby shopping centers, the Meadow Brook Golf Course, and the scenic Jordan River Parkway, offering employees a variety of options for lunch breaks and after-work activities. Building amenities include convenient lockers and showers for tenant use. This is an unparalleled opportunity to establish a thriving business in a highly desirable and accessible location. The property is classified as an Executive Office space within the Office property type.

• CAP approach

  CAP return

  Valuation

  6%

  $39,871,652

  6.5%

  $36,804,604

  7%

  $34,175,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $37,797,992

  Geo Method

  $37,797,992

• Alternative Use

  Use

  Valuation

  Residential

  $36,804,604

  Hospitality

  $33,712,820

  Educational

  $28,048,670

  Medical

  $29,013,306

  Retail

  $43,631,264

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6775

Longitude

-111.917

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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