Property profile

2390 Redwood Rd West Valley City, UT 84119

OFF-MARKET
Medical Office Space
Property ID
US86-0147799
4,721 SF 1.38 ac lot Built 1986
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,721-square-foot medical office building is situated on a 1.38-acre lot in West Valley City, Utah, at 2390 S. Redwood Rd., zip code 84119. The single-tenant property boasts a complete medical clinic build-out, ready for immediate occupancy. Its prime location offers outstanding visibility and convenient access to major freeways, including proximity to the 2100 S. Freeway, I-15, and I-215. The free-standing building ensures excellent tenant identity, enhanced by prominent Redwood Road frontage and a monument sign. Multiple access points provide ease of entry and exit. Ample parking is available, with 21 spaces, exceeding the standard at 4.45 spaces per 1,000 square feet. The property is located in Salt Lake County and is classified as both Office and Land, with a Commercial and Medical Office subtype. The building features a single suite and is available for lease beginning February 1, 2025. This is a rare opportunity to acquire a well-appointed medical office building in a high-traffic area with exceptional visibility and convenient freeway access.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction WOOD FRAME
Total area 4,721 SF
Lot 1.38 ac (60,113 SF)
Zoning code M
APN 15-22-178-025
UPID US86-0147799

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
  • Physician
  • Employment Agency
  • Physician
  • Employment Agency
  • Occupational Health Service Medical Clinic

Location

2390 Redwood Rd West Valley City, UT 84119-2027
West Valley City metro Census 113312 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
$779k
Blend (final) Blend
$700k

Owner & transaction history

since 2009
5 recorded transactions
2009
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M · West Valley City, UT
Zoning description

The Intent of this to promote Manufacturing Uses

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $680,000 +9.5%

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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