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    10929 Redwood Rd South Jordan, UT 84095

    For Sale
    $4,400,000

    Class A, Multi-Tenant, 100% Occupancy

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A, multi-tenant office building in South Jordan, Utah, presents a compelling investment opportunity. Boasting 10,000 square feet across two stories in a newly constructed (2020) building on a 0.59-acre lot at 10929 S Redwood Rd, 84095, this property offers three fully occupied units with a 100% occupancy rate. The stabilized investment features a gross lease structure and commands a price of $4,400,000, translating to $440 per square foot and a 5.00% cap rate. The building is equipped with owned outright solar panels and xeriscaping, minimizing operational costs. Full ADA accessibility, including an elevator, and a shared monument sign enhance the property's appeal. Currently housing three tenants, the property is ideally suited for an owner-user seeking to potentially buy out existing tenants. Its unbeatable location in South Jordan, conveniently situated off Redwood Road, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-quality, fully leased, and exceptionally well-maintained executive office building in a thriving Utah market.

    Property Features for 10929 Redwood Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,000 SF
    Class
    A
    Lot Size
    25,700 SF

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • Class A, multi‑tenant office building in South Jordan, UT.
    • 10,000 square feet, two stories, on a 0.59‑acre lot at 10929 S Redwood Rd, 84095.
    • Newly constructed in 2020, with three fully occupied units (100% occupancy).
    • $4,400,000 asking price, $440/SF, 5.00% cap rate, gross lease structure.
    • Owned solar panels and xeriscaping minimize operating costs; full ADA accessibility including elevator; shared monument sign.
    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 Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    South Jordan
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9375653
    Latitude
    40.5527711

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    FAQs

    What type of property is this?
    Office Property / Space - Class A, Multi-Tenant, 100% Occupancy
    Where is this office property / space located?
    The property is located at 10929 Redwood Rd South Jordan, UT.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: Class A, multi-tenant office building in South Jordan, UT.; 10,000 square feet, two stories, on a 0.59-acre lot at 10929 S Redwood Rd, 84095.; Newly constructed in 2020, with three fully occupied units (100% occupancy).
    (801) 824-1311
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    10929 Redwood Rd South Jordan, UT 84095
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    South Jordan, UT 84095
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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
    10929 Redwood Rd South Jordan, UT 84095
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