Property profile

1455 W 2200 S West Valley City, UT 84119

FOR LEASE
Investment properties
Property ID
US86-0316070
32,499 SF 1.6 ac lot Built 1983
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building in Salt Lake County offers two immediately available suites, perfect for businesses seeking a prime location and modern amenities. The building boasts three stories and features a convenient elevator. The available spaces measure 3,441 and 3,533 rentable square feet (RSF), respectively, providing ample room for various business needs. The building is strategically situated for easy access to both I-15 and I-25, ensuring seamless commutes for employees and clients. Beyond the convenient location, tenants will enjoy abundant parking. The building's full-service lease rate of $13.50 per RSF is highly competitive. The property's location also offers the added benefit of proximity to a diverse range of restaurants, retail establishments, and service providers, enhancing the overall work environment and providing convenience for employees. While these two suites are currently available, the building also includes other suites of varying sizes, including a 5,305 RSF suite and a 6,905 RSF suite, offering flexibility for future expansion or consolidation. This modern, well-maintained building provides a professional and functional workspace ideal for businesses seeking a strategic location and a comfortable environment for their teams. The building's multiple tenancy structure ensures a vibrant and collaborative atmosphere.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 32,499 SF
Lot 1.6 ac (69,696 SF)
Zoning code B/RP
APN 15-22-227-027
UPID US86-0316070

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Vocational School Training Center
  • Physician
  • Corporate Office
  • Construction Company General Contractor

Location

1455 W 2200 S West Valley City, UT 84119
West Valley City metro Census 113311 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.36M
Blend (final) Blend
$3.73M

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2021
Price N/A
2017
Price N/A
2013
Price N/A
2010
Price N/A
2007
Price N/A

Zoning & alternative use

B/RP · West Valley City, UT
Zoning description

The Intent of this to promote Business Research Park Uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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