7702 S Locust St Midvale UT 84047 | $2,300,876

Property Facts

Days on URE 115

Status ACTIVE

MLS# 2060064

Property Type Industrial; Office

Year Built 1976

Owner User Sale: •2,100 SF Upper Level Office •2,100 SF Lower Level Office •2,000 SF Shop Space •YESCO I-15 Billboard Sign Lease: $1,600.00 per month •0.70 Acres Yard Rent Roll (Sept 2024) • Income: $126,667.68 • Expenses: 13,447.44 • NOI: $113,220.24 Proforma: • Income: $151,500.00 • Expenses: 13,447.44 • NOI: $138,052.56 • Purchase Price: $2,300,876.00 • CAP Rate: 6.0% Parcel#21253780090000, Parcel#21253780110000, Parcel#21253780120000

Misc. Overview

Sub-Lease
No

Quadrant
SE

Project / Subdivision
AMUNDSEN

Construction Status
Blt./Standing

Business Only, No Real Estate
No

Property Features

Office Features

Industrial Features

Other Features

Investment

Parking

Property Size

Schools

Designated Schools

Elementary School

Middle School

High School

School District

View School Ratings by Utah Dept. of Education

Nearby Schools

GreatSchools Rating	School Name	Grades	Distance
NR	Jordan Resource Middle School Public Middle School	6-9	0.19 mi
NR	Midvale School Public Elementary	K-5	0.23 mi
NR	Jordan Resource High School Public High School	10-12	0.19 mi
6	Midvalley School Public Elementary	K-5	0.23 mi
NR	Tender Touch - Midvale Private Preschool, Elementary	PK	0.25 mi
4	Midvale Middle School Public Middle School	6-8	0.30 mi
2	Copperview School Public Elementary	K-5	1.05 mi
NR	New Tyme Private Elementary	K	1.09 mi
4	East Midvale School Public Elementary	K-5	1.50 mi
NR	Union Middle Public Middle School	6-8	1.61 mi
8	Union Middle School Public Middle School	6-8	1.69 mi
3	Heartland School Public Elementary	K-6	1.69 mi
4	Kelsey Peaks Virtual Middle Public Middle School	7-8	1.70 mi
4	Kings Peak Virtual High Public High School	9-12	1.70 mi
4	Rocky Peaks Virtual School Public Elementary	K-6	1.70 mi

School data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

Contact Agent

Justin Welch

801-718-8842

Listing Broker

CRE Specialists, LLC
2040 East Murray Holladay Road, Suite 106
Suite 106
Holladay, UT 84117
801-876-6070

Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

7702 S Locust St

Property Facts

Misc. Overview