5620 Waterbury WaySalt Lake City, UT 84121

Property Details for 5620 Waterbury Way

Year built

1973

Construction

WOOD FRAME

Lot size

3.99 AC

Property size (Sq ft)

7,008 SF

Zone code

G-O

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

22-16-151-005

APU

2216151005

Description

This exceptional office opportunity presents itself at Waterbury Office Plaza, a four-building complex situated on 3.99 acres in the desirable Murray/Holladay area of Salt Lake County, Utah. The property, built in 1973, offers a total of 34,308 square feet of traditional office space across two stories. Currently, there are 5,858 square feet of vacant space available, divisible into units ranging from a minimum of 410 square feet to a maximum contiguous space of 2,497 square feet, catering to a variety of business needs. The location provides easy access to major transportation arteries, including Interstates 15 and 215, ensuring convenient commutes for employees and clients. The quiet and peaceful atmosphere of the complex contrasts with its strategic location, offering a productive and tranquil work environment. Short-term lease options are available, providing flexibility for businesses of all sizes. The address is 5620 S Waterbury Way, Murray, UT 84121. This property is ideal for businesses seeking a well-maintained, conveniently located office space in a thriving Salt Lake City suburb. The multiple-tenant building offers a diverse and collaborative atmosphere.

• CAP approach

  CAP return

  Valuation

  6%

  $2,295,688

  6.5%

  $2,119,096

  7%

  $1,967,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,176,282

  Geo Method

  $2,176,282

• Alternative Use

  Use

  Valuation

  Residential

  $2,119,096

  Hospitality

  $1,941,081

  Educational

  $1,614,956

  Medical

  $1,670,497

  Retail

  $2,512,154

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6488

Longitude

-111.85

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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