4525 Wasatch BlvdSalt Lake City, UT 84124
- Mixed-use properties
- 47,834 SF
Property Details for 4525 Wasatch Blvd
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 2.65 AC
- Property size (Sq ft)
- 47,834 SF
- Zone code
- C-1
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 22-02-403-003
- APU
- 2202403003
Description
Benchmark Plaza, located at 4525 S. Wasatch Blvd in Salt Lake City, Utah, presents a unique leasing opportunity. This single-story, Class B office building, constructed in 1986, offers a total of 45,010 square feet of executive office space. Currently, 1,460 square feet are available for lease, perfect for a growing business seeking a prominent location. The building sits on a generous 2.65-acre lot, providing ample parking and outdoor space. The property's classification as "Executive Office" suggests a high-quality build-out and amenities suitable for professional businesses. The address is within Salt Lake County, zip code 84124, offering easy access to major transportation routes and local amenities. This is a multi-tenant building, providing a collaborative and professional environment. The available space totals 1,460 square feet, ready for immediate occupancy. The building's size and location make it an ideal choice for businesses seeking a well-established presence in Salt Lake City. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure office space in a well-maintained building in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $15,669,437
- 6.5%
- $14,464,096
- 7%
- $13,430,946
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,854,490
- Geo Method
- $14,854,490
-
Alternative Use
- Use
- Valuation
- Residential
- $14,464,096
- Hospitality
- $13,249,034
- Educational
- $11,023,041
- Medical
- $11,402,140
- Retail
- $17,146,952
Location Insight
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.6725
- Longitude
- -111.802
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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