154 Ford AveSouth Salt Lake, UT 84115

Property Details for 154 Ford Ave

Year built

1996

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.37 AC

Property size (Sq ft)

4,372 SF

Zone code

CC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

16-30-378-005

APU

1630378005

Description

This exceptional mixed-use property in South Salt Lake, Utah, presents a rare opportunity. The 4,372 square foot building, constructed in 1996, sits on a 0.37-acre lot and boasts a convenient 15-stall parking area. The office space, totaling 3,422 square feet, features three private offices, open workspaces, a kitchenette, and two large conference or training rooms, along with two restrooms. A separate 950 square foot shop area includes a 12-foot overhead door and an additional restroom. The building is zoned CC, making it ideal for a variety of uses, including service companies, contractors, architectural or engineering firms, and more. The asking price is $1,150,000. This single-story building offers a unique blend of office and shop space in a highly desirable location. The property's size and layout provide ample room for growth and expansion. Its strategic location in South Salt Lake offers easy access to major transportation routes and a vibrant business community. This is a prime opportunity to acquire a versatile and well-maintained commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,432,172

  6.5%

  $1,322,005

  7%

  $1,227,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,357,692

  Geo Method

  $1,357,692

• Alternative Use

  Use

  Valuation

  Residential

  $1,322,005

  Hospitality

  $1,210,949

  Educational

  $1,007,496

  Medical

  $1,042,145

  Retail

  $1,567,216

Location Insight

City

South Salt Lake

County

Salt Lake

State

Utah

Latitude

40.6969

Longitude

-111.886

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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