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    3601 S St West Valley City, UT 84119

    Sponsored
    For Sale
    $2,928,000

    High-yield restaurant investment. Prime West Valley City location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a single-tenant, freestanding Olive Garden restaurant located at 3601 S 2700 W, Salt Lake City, UT 84119. Built in 2009, this 1-story, 1-building property sits on a ground lease and boasts a highly desirable drive-thru. The property features a strong net operating income (NOI) of $146,410, resulting in an attractive 5.00% capitalization rate. The asking price is $2,928,000. This location benefits from its high visibility and easy accessibility within a premier retail, residential, and entertainment hub, near West Valley City's new downtown area. The property is situated in Utah's second-largest city, known for its #1 ranked national economy and attractive trade area demographics. This presents a compelling opportunity for individual or portfolio acquisitions, with an all-cash offer encouraged. The property's APN is 15-33-201-018-0000. This is a rare chance to acquire a well-established, high-performing restaurant in a thriving market.

    Property Features for 3601 S St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2009
    Buildings
    1
    Stories
    1

    HighLights

    • Opportunity for individual or portfolio acquisition.
    • All‑cash offers encouraged.
    • Located in a premier retail, residential, and entertainment hub.
    • Prime location near West Valley City's new downtown.
    • Situated in Utah's second‑largest city.
    • High‑visibility, easily accessible location with a desirable drive‑thru.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -111.9576055
    Latitude
    40.694169

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    FAQs

    What type of property is this?
    Restaurant - High-yield restaurant investment. Prime West Valley City location.
    Where is this restaurant located?
    The property is located at 3601 S St West Valley City, UT.
    What is the asking price?
    The asking price for this property is $2,928,000.
    What are key features of this property?
    This property features: Opportunity for individual or portfolio acquisition.; All-cash offers encouraged.; Located in a premier retail, residential, and entertainment hub.
    Request Owner's contact information
    3601 S St West Valley City, UT 84119
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    Realmo Value Estimation

    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.

    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.

    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
    3601 S St West Valley City, UT 84119
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