Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3423 S DECKER LAKE DR West Valley City, UT 84119

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $669,000

    Land available in West Valley City, Utah.

    Type:Land
    Added:
    Mar 17, 2026
    Days on Market:
    34
    Last Refresh:
    Mar 18 at 12:25 pm

    Property Features for 3423 S DECKER LAKE DR

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Justin Welch
    Justin Welch

    Listing agent Justin Welch License #6561454

    Listing office CRE Specialists, LLC

    Listing date Mar 17, 2026

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CRE Specialists, LLC

    Overview

    Land For Sale

    This land is located in West Valley City, Utah, specifically in Salt Lake County. The property is identified as land.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Valley City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9469348
    Latitude
    40.6984377

    Nearby Similar for Sale

    • $975,000
      3,170 SF

      West Valley City Fourplex Opportunity

      Well-maintained fourplex in West Valley City with strong rental history.
      2318 W 3650 S, West Valley City, UT 84119
      View Details
    • $850,000
      3,700 SF

      Turnkey Fourplex with Major Upgrades

      Well-maintained fourplex in West Valley City with recent renovations.
      4352 3600 W, West Valley City, UT 84120
      View Details
    • $475,000
      1,700 SF

      West Valley City Duplex

      Non-conforming duplex with updated features and large, fenced yard.
      3887 S HALLMARK Dr, West Valley City, UT 84119
      View Details
    • $879,000
      3,764 SF

      West Valley City Multifamily Property

      Turnkey investment property with long-term tenants and steady income.
      3279 S 4140 W, West Valley City, UT 84120
      View Details
    • $2,200,000

      West Valley City Commercial Property

      Commercial property in the heart of West Valley City industrial area.
      2170 S 3600 St W, West Valley City, UT 84119
      View Details
    • $629,900
      3,248 SF

      Remodeled Duplex Investment Opportunity

      Fully remodeled duplex with strong rental potential in West Valley.
      3549 S COLBY Ave W, West Valley City, UT 84128
      View Details
    • $425,000
      1,092 SF

      West Valley City Duplex Opportunity

      Income-producing duplex with remodeled unit and value-add potential.
      1461 W SUNSET Ave, West Valley City, UT 84119
      View Details
    • $534,000
      1,400 SF

      Two Homes, One Lot

      Two single-family homes on one lot in West Valley.
      3628 S 5450 W, West Valley City, UT 84120
      View Details
    • $470,000
      2,200 SF

      West Valley City Duplex Investment

      Duplex in excellent condition with strong rental history.
      3538 W WESTLAKE S, West Valley City, UT 84119
      View Details
    • $44,400

      Established Boutique Business For Sale

      Turn-key boutique business opportunity in a high-traffic West Valley location.
      3601 S 2700 W unit: G-100, West Valley City, UT 84119
      View Details
    • $520,000
      1,198 SF

      West Valley City Duplex Investment

      Duplex with consistent rental income, convenient location, and development potential.
      2483 W ROBIN Rd, West Valley City, UT 84119
      View Details
    • $549,500
      1,884 SF

      West Valley City Duplex Investment

      Duplex with remodeled unit and tenant in place.
      6512 W 4100 S, West Valley City, UT 84128
      View Details

    FAQs

    What type of property is this?
    Land - Land available in West Valley City, Utah.
    Where is this land located?
    The property is located at 3423 S DECKER LAKE DR West Valley City, UT.
    What is the asking price?
    The asking price for this property is $669,000.
    What are key features of this property?
    This property features: Located in Salt Lake County.; No cooling system.; No heating system.
    (801) 876-6070
    We can help!
    Listing Contact
    Justin Welch
    Justin Welch
    Real Estate License ID: 6561454
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!