2890 Cottonwood PkwyCottonwood Heights, UT 84121

Property Details for 2890 Cottonwood Pkwy

Year built

1997

Construction

STEEL FRAME

Lot size

12.76 AC

Property size (Sq ft)

114,700 SF

Zone code

ORD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

22-23-178-009

APU

2223178009

Description

This exceptional commercial kitchen opportunity, located at 2890 E Cottonwood Pkwy, Cottonwood Heights, UT 84121, offers 3,581 square feet of fully equipped space within a larger 212,840 square foot building situated on 13.13 acres. The kitchen boasts three refrigerators, one freezer, multiple gas ovens, warmers, mixers, and café equipment, ensuring a seamless transition for any food service operation. The property features a dedicated loading dock with 24-hour access, ideal for efficient deliveries and operations. This space is perfect for catering businesses or food service providers seeking a premium location with established clientele. The building's ownership actively encourages food service options for its tenants, presenting a unique advantage for potential occupants. Enjoy breathtaking Wasatch Mountain Range views from this highly desirable Cottonwood Heights location. The property is currently part of a multi-tenant building. While a total of 3,851 square feet was initially marketed, the currently available space is 3,581 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $37,573,640

  6.5%

  $34,683,360

  7%

  $32,205,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $35,619,224

  Geo Method

  $35,619,224

• Alternative Use

  Use

  Valuation

  Residential

  $34,683,360

  Hospitality

  $31,769,772

  Educational

  $26,432,078

  Medical

  $27,341,116

  Retail

  $41,116,564

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6322

Longitude

-111.81

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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