10619 Jordan GtwySouth Jordan, UT 84095

Property Details for 10619 Jordan Gtwy

Year built

2001

Lot size

5.13 AC

Property size (Sq ft)

95,163 SF

Zone code

CF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

27-13-326-023

APU

2713326023

Description

The Stratus Professional Center, located at 10619 S Jordan Gateway in South Jordan, Utah 84095, offers a prime opportunity for businesses seeking flexible office space in Salt Lake County. This Class B office building currently has 48,495 square feet of vacant space available, divisible into units as small as 2,565 square feet. The maximum contiguous space available is 48,495 square feet, providing ample room for expansion or consolidation. The property is ideal for a variety of professional tenants seeking a modern and efficient workspace. The building's multiple tenancy structure allows for a diverse range of businesses to coexist. Its location in South Jordan offers easy access to major transportation routes, making commuting convenient for employees and clients. The address is conveniently situated within Salt Lake County, providing access to a robust business infrastructure and a thriving local economy. With its flexible space options and strategic location, the Stratus Professional Center presents a compelling opportunity for businesses of all sizes seeking a well-located and functional office environment. The property is categorized as an office building with a professional subtype. Interested parties should inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $31,174,128

  6.5%

  $28,776,118

  7%

  $26,720,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,552,156

  Geo Method

  $29,552,156

• Alternative Use

  Use

  Valuation

  Residential

  $28,776,118

  Hospitality

  $26,358,770

  Educational

  $21,930,186

  Medical

  $22,684,400

  Retail

  $34,113,624

Location Insight

City

South Jordan

County

Salt Lake

State

Utah

Latitude

40.5577

Longitude

-111.902

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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