5 South 500 West, Salt Lake City, UT 84101
Rio Grande, Downtown Salt Lake City, Salt Lake
Nearby Active Listings
Welcome to 5 South 500 West, a building located in Rio Grande, Downtown Salt Lake City, Salt Lake in Salt Lake City, UT.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 2001.
This is a single story building.
The market value for the land that the building sits on has been listed at $1,899,900.
In addition, improvements upon the building have an added value of $20,020,100.
In total, the total market value of the property as a whole is $21,920,000.
According to local assessors, the total value of the building is currently valued at $21,920,000.
Specifically, the value of the land that the property sits on has been assessed at $1,899,900.
The building was last assessed in 2023.
There are another one buildings located on the same land that 5 South 500 West was built on.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
2009
Construction Type
Concrete
Exterior Walls Type
Combination
Interior Walls Type
unknown
Location Influence Type
unknown
Building
Building Type
Fireproof reinforced concrete frames/Non-combustible materials
Property Class
Commercial
Subdivision
BLOCK C2 CONDOMINIUM PROJECT
Standard Land Use Code
Commercial Condominium (not offices)
County Land Use Code
unknown
Legal Description 1
RETAIL UNIT 1A, GATEWAY BLOCK C2 AMENDED
Ownership
Current Owner
VESTAR GATEWAY LLC
Current Owner's Name
VESTAR GATEWAY LLC
Previous Owner
INLAND WESTERN SALT LAKE CITY GATEWAY LL
Previous Owner's Name
OOMMEN BONNEY
Previous Owner 2's Name
KARTHIKEYAN MANJU
Owner Address - City
PHOENIX
Owner Address - ZIP Code
85016
Owner Before Previous Owner
OOMMEN BONNEY S
Owner Before Previous Owner 2
KARTHIKEYAN MANJU
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Salt Lake City School District
Census - Combined Statistical Area - Area Code
482
Census - Combined Statistical Area - Area Name
Salt Lake City-Provo-Orem, UT
Census - County FIPS
49035
Census - Full FIPS
490351025012005
Census - Metro Micro Statistical Area - Area Code
41620
Census - Metro Micro Statistical Area - Area Name
Salt Lake City, UT
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4967000
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4900870
School District - Unified - Name
Salt Lake City School District
Geography
Assessors Map Reference
15-01-130
Parcel
15-01-130-174-0000
Meridian
SEC 01 TWN 1N RNG 1W
Municipality
SALT LAKE CITY
Mailing Carrier Code
C044
Mailing Street Direction
E
Mailing Full Street Address
2415 E CAMELBACK RD
Mailing House Number
2415
Mailing 4-Digit Zip Code
4288
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-01-24 10:57:13
More About The Building
In total, the building area is listed as 150,400 square feet.
The building itself has 150,400 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 5 South 500 West is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Rio Grande area have a median price of $1,800.
Those in the 25th percentile, have a price around $1,800.
While those in the 75th percentile, have a price around $1,800.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There is currently a single advertised one bedroom listing.
- There are currently no two bedroom listings being advertised in the area.
- There are currently no three bedroom listings being advertised in the area.
- There are currently no four bedroom listings being advertised in the area.
About The Area
5 South 500 West is located in 84101.
There are 4,236 people living here.
There are 2,505 households.
Most of these households have an average family size of 2.44 people.
According to the census, 75% are currently renting while 25% own their homes.
The median age of this population is around 33.5 years old.
On average, most folks in the zipcode are unmarried.
About 18% of folks speak a language other than English in this area.
The area's employment rate is currently around 66.1%.
Speaking of employment, the median income is $52,428.
Most folks will commute by car for around 17.7 minutes.
Finally, we know that 17% of residents in the area have graduated with their high school degree.
Additionally, 27% and 16% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Salt Lake County, Utah has a population of 1,092,518 people.
Based on census records, there are 356,061 registered households.
Families in this area are on average made up of 3.6 people per household.
Most folks are married.
They are also typically around 32.1 years old.
Does diversity matter to you? Right now, 20% of folks speak a language other than English here.
About 34% rent while 66% purchased their homes.
Right now, the community is made up of 23% of residents who have graduated with at least a high school degree.
On top of that, 21% have a Bachelor's degree and 12% have a Master's degree.
The employment rate is currently around 67.5%.
Those employed, have a median income of $64,601.
If you move here, you can expect to commute mostly by car for around 22.2 minutes.
Finally, let's take a look at the stats related to Salt Lake City - West Valley City, UT Urban Area.
The urban area is home to 1,080,498 people.
A total of 352,404 households are registered here.
With average family sizes being listed at 3.6 people.
About 23% of residents have graduated with a high school degree.
Of the rest, 21% have their Bachelor's and 12% have their Master's degree.
Folks speaking a language other than English, make up about 21% of the population.
Speaking of your commute, 67.5% of people in this area are employed.
The recorded median income is currently at $64,358 per year.
The median population age has been listed at 32.1 years old.
Interestingly enough, married people make up the majority of the population.
Last but not least, renters make up about 34% of the population while homeowners are at about 66% of the population.
PUBLIC TRANSIT
Planetarium Station
(840 ft - 4 min walk)
Utah Transit Authority
Planetarium Station
(840 ft - 4 min walk)
Utah Transit Authority
Arena Station
(990 ft - 4 min walk)
Utah Transit Authority
Arena Station
(990 ft - 4 min walk)
Utah Transit Authority
Planetarium Station
(0.20 mi - 5 min walk)
Utah Transit Authority
Nearby Schools
(within attendance boundary)
420 N 200 W, Salt Lake City, UT 84103
Public
•
Elementary
•
Grades PK to 6
Salt Lake City School District
40 S 800 E, Salt Lake City, UT 84102
Public
•
Middle School
•
Grades 7 to 8
Salt Lake City School District
840 S 1300 E, Salt Lake City, UT 84102
Public
•
High School
•
Grades 9 to 12
Salt Lake City School District
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.