775 900 Salt Lake City, UT 84104
- Grocery and convenience stores
- 4,498 SF
- 0.25 lot acres
Current Use by Public Records
- Colonial Bakery (Pan Estilo Veracruz) / Bakery
- Campos Market / Bakery
- Canela Bakery / Bakery
Property Details for 775 900
- Year built
- 1928
- Construction
- WOOD FRAME
- Lot size
- 0.25 lot acres
- Property size
- 4,498 SF
- Zone code
- CB
- Property type
- Grocery and convenience stores
- APN
- 15-11-206-025
- APU
- 1511206025
Description
This exceptional retail property, located at 775 S. 900 W in Salt Lake City, Utah, presents a unique investment opportunity. Priced at $2,500,000, this 0.25-acre lot boasts a prime corner location, ensuring high visibility and accessibility for potential customers. The property is zoned R-MU-35, offering flexibility for a variety of retail uses. Its strategic placement within a thriving commercial area, surrounded by established national retailers, guarantees a strong customer base. The building itself is well-suited for a commissary operation, featuring four exhaust points, a significant advantage for food-related businesses. This property's combination of ideal location, versatile zoning, and practical building features makes it an exceptional investment prospect for discerning buyers seeking a high-return retail space in a rapidly growing market. The address is 775 S 900 W, Salt Lake City, UT 84104. The property is situated in Salt Lake County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $390,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $430,000
- Mixed-Use
- $460,000
- Hospitality
- $475,000
- Educational
- $455,000
- Residential Income
- $425,000
- Energy
- $365,000
- Income-Based Land
- $400,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.916
- Latitude
- 40.7523
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA