8831 Redwood Rd, Unit A West Jordan, UT 84088-9283
- Investment properties
- 2,360 SF
- 0.01 lot acres
Current Use by Public Records
- Investment properties
Property Details for 8831 Redwood Rd
- Year built
- 2007
- Lot size
- 0.01 lot acres
- Property size
- 2,360 SF
- Zone code
- PO
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 27-03-254-024
- APU
- 2703254024
Description
This exceptional West Jordan office condo, located at 8831 S Redwood Rd, Suite D, in Salt Lake County, Utah, presents a unique investment opportunity. Boasting a total area of 2,877 square feet, the property features a desirable end-unit location, maximizing natural light. The layout includes a spacious main/level basement suite of 1,918 square feet and an upper-level suite of 959 square feet, offering flexibility for various business needs. Three private restrooms are conveniently located within the unit. Access is provided via a basement entrance. The building enjoys high visibility on Redwood Road, ensuring excellent brand exposure. Its strategic location offers easy access to I-15 at 9000 South, providing convenient commutes for employees and clients. Furthermore, the property benefits from its proximity to the Third District Court and West Jordan City Offices, as well as numerous restaurants and retail outlets, creating a vibrant and convenient work environment. The asking price for this well-appointed office space is $630,000. This is a rare opportunity to acquire a highly desirable and well-situated office condo in a thriving West Jordan location (zip code 84088).
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $315,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $380,000
- Mixed-Use
- $330,000
- Hospitality
- $380,000
- Educational
- $310,000
- Residential Income
- $350,000
- Energy
- $355,000
- Income-Based Land
- $315,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- West Jordan
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.938
- Latitude
- 40.5908
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA