1385 2200th S, West Valley City, UT 84119-7205
This exceptional 30,500 square foot executive office building in West Valley City, Utah, presents a unique owner/user investment opportunity. Located at 1385 W 2200 S, 84119, this property boasts a prime location and offers significant upside potential. Upon closing, a 10-year leaseback agreement is in place for the first floor, currently operating as a data center, at a rate of $18 per square foot, full-service (excluding in-suite janitorial and electricity). The upper two floors, totaling approximately 21,929 square feet, will be vacant upon sale, providing immediate flexibility for the new owner. The building features ample parking with a 5.4:1,000 square foot ratio, prominent crown signage facing the freeway, and 13,500 square feet of fenced and paved outdoor yard space. Electric vehicle charging stations are conveniently located in the parking lot. The asking price is $3,800,000, translating to $124.59 per square foot. This property offers a blend of immediate income and future development possibilities, making it an attractive investment in the thriving West Valley City market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B/RP · West Valley City, UTWest Valley City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.