7720 S 700 E 0.93 Acres of Commercial Land Offered at $1,849,000 in Midvale, UT 84047
INVESTMENT HIGHLIGHTS
- High Average Daily Traffic
- Highest & Best Use of $8MM+
- Developable into Medical Office, Retail, or Office
EXECUTIVE SUMMARY
Introducing a prime investment opportunity at 7720-7708 S 700 E, Sandy, UT. This 5,626 SF building, situated on .93 acres of commercial land on a corner intersection was built in 1977, and offers the perfect canvas for an investor seeking covered land play. This lot is zoned Commercial Neighborhood and has stellar development potential and flexible options. All 4 parcels for sale total to .93 Acres, which is ample space for 15,000+ square feet of medical office or retail. Don't miss this chance to claim your stake in a distinguished commercial real estate asset.
This is a well-priced acquisition just off Fort Union with tremendous visibility. Right across the street from Harmons. Offices are quiet and suited for Professional, Medical, or Corporate Office. Located at 7720 South 700 East, Sandy, UT 84047. Offices with a convenient location with good parking and access.
The existing building is 5,626 SF and has several bullpen areas as well as 9 offices. Previously used as a call center and currently the infrastructure is in place for a phone system. The building features 13 rooms that can be used as offices, and downstairs has an expansive bull pen area. As far as development potential, Commercial, Retail, and Office uses are all approved uses with 40-foot building heights and roughly 15,000+ of new space can be developed here.
This is a well-priced acquisition just off Fort Union with tremendous visibility. Right across the street from Harmons. Offices are quiet and suited for Professional, Medical, or Corporate Office. Located at 7720 South 700 East, Sandy, UT 84047. Offices with a convenient location with good parking and access.
The existing building is 5,626 SF and has several bullpen areas as well as 9 offices. Previously used as a call center and currently the infrastructure is in place for a phone system. The building features 13 rooms that can be used as offices, and downstairs has an expansive bull pen area. As far as development potential, Commercial, Retail, and Office uses are all approved uses with 40-foot building heights and roughly 15,000+ of new space can be developed here.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,849,000 |
| Price Per AC | $1,988,172.04 |
| Lot Size | 0.93 AC |
Great for a covered land play, currently being analyzed for 15,000 SF of Medical Office. Shadow Anchored by Harmons Highly Visible Site | High Traffic | High Income Area Located Between Hillcrest High School and Union AADT 24,900
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $136,600 | |
| Land Assessment | $921,200 | Total Assessment | $1,057,800 |
ZONING
| Zoning Code | CN (Commercial Neighborhood) |
