7702 Locust St Midvale, UT 84047-7336
- Investment properties
- 3,120 SF
- 0.18 lot acres
Current Use by Public Records
- Investment properties
Property Details for 7702 Locust St
- Year built
- 1976
- Construction
- WOOD FRAME
- Lot size
- 0.18 lot acres
- Property size
- 3,120 SF
- Zone code
- RC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 21-25-378-009
- APU
- 2125378009
Description
This Midvale, UT industrial property offers a compelling investment opportunity with a strong current income stream and significant upside potential. The property consists of two parcels (Parcel#21253780090000, Parcel#21253780110000, Parcel#21253780120000) totaling 0.18 acres and features approximately 4,200 square feet of office space currently leased to Canyon Transportation and Ataly Styles. Canyon Transportation's lease expires June 30, 2026, while Ataly Styles' lease concludes December 10, 2025. A valuable YESCO billboard sign generates an additional $1,600.00 in monthly income. The property's current annual net operating income (NOI) is $113,220.24 based on September 2024 figures (Income: $126,667.68
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midvale
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.905
- Latitude
- 40.6112
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA