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    563 500 Bountiful, UT 84010

    Sponsored
    For Lease
    $23 SF/Yr

    Prime Bountiful office space, flexible layouts.

    Lot size:
    53,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B office building, the Bountiful Gateway Tower, presents a unique investment opportunity in Bountiful, Utah. Located at 563 West 500 South, this single four-story building offers 53,126 square feet of executive office space, situated on a generous 1.58-acre lot. The property is zoned GC and features a total of one building, constructed in 1985. Currently, there are multiple tenancies available, with spaces ranging from a minimum of 1,320 square feet to a maximum contiguous space of 2,819 square feet, providing flexibility for various business needs. The building's address is 563 West 500 South, Bountiful, UT 84010, and its convenient location offers easy access to local amenities and transportation. The property's APN is 060490130, and it is located in Davis County. This is an excellent opportunity to secure high-quality office space in a thriving Utah community. The building's design and layout cater to executive office requirements, offering a professional and efficient work environment. Interested parties are encouraged to explore the potential of this well-maintained property. The building's solid construction and desirable location make it an attractive option for businesses seeking a prestigious address in Bountiful.

    Property Features for 563 500

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,126 SF
    Class
    B
    Total Rate
    104038.42

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    440
    Size
    1,633 SF
    Rate per SF
    $23
    Space
    420
    Size
    2,177 SF
    Rate per SF
    $23

    HighLights

    • Major lobby and common area renovation planned.
    • TI allowance available.
    • Ample parking.
    • 13 minutes to Salt Lake City International Airport.
    • 14 minutes to Downtown Salt Lake City.
    • Asking rent: $20.50/SF, full service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Embrace Clinical Services ... Mental Health Service Helm Financial Services Financial Planner Bierwolf & Nilson PLLC Tax Preparation Service Lester Lemon Real Estate Agent Mind and Strength Counseling Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bountiful
    County
    Davis
    State
    Utah
    Longitude
    -111.8950867
    Latitude
    40.8831386

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Bountiful office space, flexible layouts.
    Where is this office property / space located?
    The property is located at 563 500 Bountiful, UT.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Major lobby and common area renovation planned.; TI allowance available.; Ample parking.
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    563 500 Bountiful, UT 84010
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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
    563 500 Bountiful, UT 84010
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