Is 1040 S Prospect St over-assessed?

Public Utah records put its assessment at $1,710,800 — about 23.8% above the comparable assessments its value should track, an estimated $406,501 over-assessment. We verify it by hand before saying you have a case.

How much could a property tax appeal save on this property?

An estimated $4,472 per year, using an estimated Utah composite millage rate applied to the over-assessment. Actual savings depend on the final reduction.

What does it cost to appeal?

Nothing upfront. WinningAppeals is paid only if your value comes down — the founding-year rate is 10% of your first-year savings. If the value doesn't move, you owe nothing.

Over-assessed vs. comparables

1040 S Prospect St

Salt Lake City · Salt Lake County, Utah · industrial property · 10,000 sq ft · Utah Code §59-2-1004

$4,472estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Salt Lake public rollUtah

Current assessment$1,710,800

What the comparable assessments support$1,304,299

Estimated over-assessment$406,501 · 23.8%

Comparable basis$130/SF

Estimated tax saved / year$4,472

Straight from the public Utah roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable assessments behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public assessment figures matter.

Comparable assessment $/SFAdjusted $/SFSizeBuilt

$83$8510,440 SF1966

$95$9510,633 SF1964

$115$11610,000 SF1966

$121$1199,784 SF1961

$127$12710,500 SF1963

$134$1339,507 SF1964

$141$1368,954 SF1958

$141$1449,844 SF1968

Why this is the lever

Utah Code §59-2-1004

Under §59-2-1004, a property owner may appeal the equalization of an assessment. Because Utah is a non-disclosure state, the assessor's own comparable assessed values are the evidence: when an assessment materially exceeds comparable assessed values, the Board of Equalization can equalize it down to match.

How a Utah commercial property tax appeal works →

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 1040 S Prospect St and tell you, with no obligation, whether it's worth filing. A licensed Utah agent handles everything from there. You pay only if your value comes down.

Nothing due unless we lower your bill.
A licensed Utah agent files and represents you.
Built from Salt Lake County's own public records.

Other Salt Lake County properties over the line

5063 S Cottonwood St$677,101,403 over 1645 E Penrose Dr$382,673,146 over 3723 W 12600 S$261,907,470 over 6227 S State St$249,906,003 over 515 S Colorow Dr$227,527,712 over 126 S Regent St$213,511,527 over

All Salt Lake County over-assessments →Utah commercial property tax appeals →