1941 1100Salt Lake City, UT 84106

Property Details for 1941 1100

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 AC

Property size (Sq ft)

10,976 SF

Zone code

CB

Property type

Retail properties

Property subtype

Strip malls

APN

16-17-457-003

APU

1617457003

Description

The Peacock Building, located at 1941 S 1100 E in Salt Lake City, Utah, presents a unique opportunity for businesses seeking creative office or retail space. This Class B building, situated in the vibrant Sugarhouse neighborhood (zip code 84106), offers a single-tenant occupancy option, perfect for a company seeking a substantial footprint, or the potential for multi-tenant use. The property is classified as both retail and office, providing flexibility for a variety of uses. Its location in Salt Lake County offers excellent access to major transportation routes and amenities. The building is currently ready for improvements, allowing a new owner or tenant to customize the space to their exact specifications. This presents a chance to create a truly unique and functional workspace tailored to the needs of a modern business. The building's prime location within Sugarhouse ensures high visibility and accessibility for clients and employees alike. This is an exceptional opportunity to acquire a versatile property in a thriving Salt Lake City neighborhood. The property is situated at latitude 40.728 and longitude -111.859. Serious inquiries are encouraged to explore the potential of this adaptable and well-positioned commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $4,262,382

  6.5%

  $3,934,506

  7%

  $3,653,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,541,585

  Geo Method

  $5,541,585

• Alternative Use

  Use

  Valuation

  Residential

  $3,318,903

  Hospitality

  $3,040,097

  Educational

  $2,529,325

  Medical

  $2,616,313

  Retail

  $3,934,506

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.728

Longitude

-111.859

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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