4215 Riverboat RdMurray, UT 84123

Property Details for 4215 Riverboat Rd

Year built

2009

Construction

STEEL FRAME

Lot size

4.27 AC

Property size (Sq ft)

82,080 SF

Zone code

M-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

21-02-252-002

APU

2102252002

Description

This exceptional Class A office building, constructed in 2009, offers 80,000 square feet of versatile space, ideal for multiple tenants. The property boasts a striking design, featuring a two-story atrium and executive-class honed granite lobby floors. The building is divided into four suites, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 20,000 square feet. Currently, all 80,000 square feet are vacant, presenting a unique opportunity for a single large tenant or multiple smaller occupants. Amenities include two high-capacity elevators, restrooms on each of the four floors, and a break room on every level. The building incorporates energy-efficient features such as a higher-efficiency HVAC system with individual VAV zoned temperature control, energy-saving electrical fixtures and equipment, and low-e glass. Security is enhanced by card access and computer-controlled door and elevator access with selectable privileges. Fiber optic services are available. On-site daily assistance is provided by a building superintendent. The property is conveniently located with easy access to express bus service connecting to light rail, nearby food services, retail centers, and shopping malls. Its central valley location provides proximity to I-15 and I-215, placing it within 17 minutes of Salt Lake City International Airport, downtown Salt Lake City, and major commercial and residential areas. The building also benefits from its proximity to the Meadowbrook Golf Course. Ample parking is available with 371 spaces. The property sits on 4.27 acres and has a parcel number of 21-02-252-002.

• CAP approach

  CAP return

  Valuation

  6%

  $26,887,716

  6.5%

  $24,819,430

  7%

  $23,046,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,489,328

  Geo Method

  $25,489,328

• Alternative Use

  Use

  Valuation

  Residential

  $24,819,430

  Hospitality

  $22,734,466

  Educational

  $18,914,808

  Medical

  $19,565,318

  Retail

  $29,423,034

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6775

Longitude

-111.916

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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