9075 S Riverside Dr W, Sandy, UT 84070
- Medical Office Space
- 5,398 SF
- 1.26 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 9075 S Riverside Dr W
- Year built
- 1988
- Construction
- WOOD FRAME
- Lot size
- 1.26 lot acres
- Zone code
- ID
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 27-01-302-002
- APU
- 2701302002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 2, 2020 | — | Center Of Dental Education LLC | — | Deed · related | $632k · Meadows Bk |
| Oct 5, 2018 | — | Center Of Dental Education LLC | R And R Enterprises Of Utah LLC | Special Warranty Deed | $632k · Meadows Bank |
| May 18, 2017 | — | R & R Enterprises Of Utah LLC | Reginal Wight | Warranty Deed | $535k · Us Bank NA |
| May 10, 2006 | — | Reginal Wight | Comcast Of California/massachuset | Grant Deed | $451k · Coastal Community Bank |
| — | — | Center Of Dental Education LLC | — | Deed Of Trust · related | $523k · Mountain W Small Busn Fin |
| — | — | Center Of Dental Education LLC | — | Deed Of Trust · related | $632k · Meadows Bk |
Description
This exceptional commercial property, located at 9075 RIVERSIDE in Sandy, UT, presents a unique investment opportunity. Boasting approximately 10,000 square feet of office space, this building sits on a sizable 1.26-acre lot, offering significant potential for expansion or future development. The property benefits from an impressive 516 linear feet of frontage along Riverside Drive, providing excellent visibility and accessibility. Ample parking is available with 64 stalls. The building also features a convenient 8-foot roll-up door, enhancing functionality and logistics. The property's location provides quick and easy access to major freeways, ensuring convenient commutes for employees and clients. The property is zoned for multi-use commercial purposes, opening doors to a variety of potential uses and future development options. An added benefit for potential buyers is the seller's willingness to lease back the second floor of the building, providing a steady income stream. This presents a compelling opportunity for both immediate occupancy and long-term investment potential. The asking price for this prime Sandy, UT commercial property is $2,500,000. Additional area on the parcel allows for further improvements and expansion, making this a truly versatile and attractive investment.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,075,000
- 6.5%
- $995,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $975,000
Market price range: $329k - $1.55M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $930,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,300,000 Change: +40% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $770,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sandy
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.91
- Latitude
- 40.5859
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
