Commercial Real Estate
Commercial Appraisal Department
The Commercial Appraisal Department is responsible for determining market value on real properties used for commercial purposes. The department also determines market value on vacant land that is zoned for commercial/industrial usage. Examples of commercial property are retail stores, office buildings, shopping centers, warehouses and manufacturing facilities. Apartment complexes are also valued by the commercial department.
Commercial property value is estimated by using three approaches to value: cost, market, and income. Sometimes one approach is more appropriate to use than the others, and insufficient data in some of the approaches to value will preclude staff from using them.
Please fax commercial forms to 385-468-8092 or mail to
Salt Lake County Assessor
2001 South State Street, N2-600
SLC, UT 84114-7421