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    Property profile & analytics
    OFF-MARKET Estimated value $9,755,000
    Investment properties

    4215 Riverboat Rd, Salt Lake City, UT 84123-2551

    82,080 SF 4.27 ac lot Built 2009
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US86-0213905
    Property summary
    AI-generated overview

    This exceptional Class A office building, constructed in 2009, offers 80,000 square feet of versatile space, ideal for multiple tenants. The property boasts a striking design, featuring a two-story atrium and executive-class honed granite lobby floors. The building is divided into four suites, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 20,000 square feet. Currently, all 80,000 square feet are vacant, presenting a unique opportunity for a single large tenant or multiple smaller occupants. Amenities include two high-capacity elevators, restrooms on each of the four floors, and a break room on every level. The building incorporates energy-efficient features such as a higher-efficiency HVAC system with individual VAV zoned temperature control, energy-saving electrical fixtures and equipment, and low-e glass. Security is enhanced by card access and computer-controlled door and elevator access with selectable privileges. Fiber optic services are available. On-site daily assistance is provided by a building superintendent. The property is conveniently located with easy access to express bus service connecting to light rail, nearby food services, retail centers, and shopping malls. Its central valley location provides proximity to I-15 and I-215, placing it within 17 minutes of Salt Lake City International Airport, downtown Salt Lake City, and major commercial and residential areas. The building also benefits from its proximity to the Meadowbrook Golf Course. Ample parking is available with 371 spaces. The property sits on 4.27 acres and has a parcel number of 21-02-252-002.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 2009
    Construction STEEL FRAME
    Total area 82,080 SF
    Lot 4.27 ac (186,001 SF)
    Zoning code M-1
    APN 21-02-252-002
    UPID US86-0213905
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Drainage & Plumbing Solutions Co. Plumbing Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $10.58M
    Blend (final) Blend
    $9.76M
    Owner & transaction history
    Srp Building 8 LLC · 14 yrs held
    Srp Building 8 LLC
    since 2011
    4 recorded transactions
    2011
    2009
    2007
    1969
    Zoning & alternative use
    M-1 · Salt Lake City, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $10.2M +1.3%
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