West Valley City Office
3930 W Parkway Boulevard West Valley City, UT 84120
3930 W Parkway Boulevard, West Valley City, UT, 84120
$13,000,000
For Sale
$13,000,000
Office building with mountain views, ample parking, and expansion potential.
Property Size79,904 SF
Lot Size11.25 Acres
Price / SF$162.70
Days on Market114
Property Features for 3930 W Parkway Boulevard
General Information
- Standard status
- Active
- Size
- 79,904 SF
- Lot size
- 11.25 Acres
- Property subtype
- Office
Listing Agency
CBRE | Salt Lake City
(801) 869-8092
Listed by
Kreg Peterson · License #UT 5483446-SA00
(801) 869-8092
Source
Cbre
Added: Mar 25 Checked: Jul 16 at 4:23 am
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 CBRE | Salt Lake City
Investment Insights
Based on property information with market context.
This office building offers exceptional views of mountains, lakes, and a golf course. The interior features 294 cubicle work stations, 14 huddle rooms, 14 conference rooms, and 2 large training/hoteling rooms. It also includes a private dining room and a full-service kitchen, as well as a gym and locker rooms. There are 338 parking stalls, resulting in a parking ratio of 4.15/1000. The property is situated on an 11.25-acre parcel, which includes approximately 4.88 acres of vacant ground. This vacant land is suitable for additional parking or the construction of another building, potentially adding approximately 550 stalls for a total parking ratio of 10.9/1000. The property is zoned M (Manufacturing) and is located in an Opportunity Zone.
Key Highlights
- Exceptional views of mountains, lakes, and golf course
- Ample parking with 338 stalls and potential for approximately 550 additional stalls
- Located in an Opportunity Zone
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.73M | $21.60 |
| − Vacancy | −$327.9k | −$4.10 |
| EGI | $1.40M | $17.50 |
| − OpEx | −$349.5k | −$4.37 |
| NOI | $1.05M | $13.12 |
79,904 SF · lease $21.60/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$14.98M
$13.11M – $17.48M
NOI $1,048,500 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$22.88M
$20.02M – $26.69M
NOI $1,601,276 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building with mountain views, ample parking, and expansion potential.
Where is this office building located?
The property is located at 3930 W Parkway Boulevard West Valley City, UT.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Exceptional views of mountains, lakes, and golf course; Ample parking with 338 stalls and potential for approximately 550 additional stalls; Located in an Opportunity Zone
