2059 3900Millcreek, UT 84124

Property Details for 2059 3900

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.29 AC

Property size (Sq ft)

4,284 SF

Zone code

RM

Property type

Healthcare properties

Property subtype

Medical offices

APN

16-34-305-018

APU

1634305018

Description

This exceptional single-tenant office space, located at 2059 E 3900 S in Salt Lake City, Utah, offers 2,000 square feet of readily available space within a larger 4,284 square foot building. Situated in the desirable East Millcreek market, this property boasts a tranquil garden-level setting, providing a peaceful and productive work environment. The building, constructed in 1982, is a two-story structure and features spacious offices with ample natural light from large windows. Its convenient location offers easy access to I-215 and Parleys Canyon, ensuring seamless commutes for employees and clients. The property sits on a 0.29-acre lot in Salt Lake County, zip code 84124. The building does not include elevators. Tenant improvements are available, allowing for customization to meet specific business needs. This is a fantastic opportunity for a business seeking a well-located, quiet, and adaptable office space in a thriving area, directly across the street from Black Diamond Headquarters. The property is classified as a traditional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,131,732

  6.5%

  $1,044,675

  7%

  $970,056

• Comparable approach

  Method

  Valuation

  Relative Method

  $858,299

  Geo Method

  $858,299

• Alternative Use

  Use

  Valuation

  Residential

  $1,295,397

  Hospitality

  $1,186,577

  Educational

  $987,218

  Medical

  $1,021,170

  Retail

  $1,535,673

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6874

Longitude

-111.832

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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