For sale MLS# 2140812 · 236 days on the market
$500,000
It starts with a call with an agent.
3280 W 3500 S #S3, West Valley City, UT 84119
About this home
A fantastic investment opportunity! The tenant is a daycare with a lease for the next 3 years. Rent is currently at $3,400 but increasing to $3,600 in 2027 and $3,800 in 2028! That means at the list price the CAP rate will reach 8.5% within 2 years! The tenant is stable, has made significant investments into the property and expects to stay for many years. The owner only pays property tax with the tenant covering all other expenses, bills, and repairs. The solid brick building has been remodeled for the daycare business to use both suites. But could be divided again in the future. There is plenty of parking available for the tenant and customers. Also, there is a 4 car garage on the property that has been converted to individual storage bays.
Written by the listing agent.
Location
The market in West Valley City today
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in West Valley City
West Valley City is the second-most populous city in Utah, incorporated in 1980 from the four communities of Granger, Hunter, Chesterfield, and Redwood. It lies on the northwest side of the Salt Lake Valley between Salt Lake City, Magna, Taylorsville and Kearns Township.
- 140,230 residents (2020)
- 3 rail stations
- 6 named trails
- 39 named parks
Monthly payment
- Principal & interest
- $2,771
- Property tax
- $255
- Home insurance
- $110
10% down ($50,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.28 acres
- County
- Salt Lake
- Faces
- South
- Zoning
- Commercial
- Terms
- Conventional
Similar homes nearby
Listing courtesy of Utah First Realty / Jacob Taylor. Based on information from UtahRealEstate.com as of 9/28/2026 1:20 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.