Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    3247 Santa Fe Road Park City, UT 84098

    View on Map
    Claim this Listing
    For Sale
    $3,700,000

    COMMERCIAL - Other - Park City, UT

    Property size:
    5,260 SF
    Lot size:
    0.72 Acres
    Price / SF:
    $703/SF
    Added:
    Jun 5, 2025
    Days on Market:
    335
    Last Refresh:
    May 5 at 4:06 pm

    Property Features for 3247 Santa Fe Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    Qjpb-B-2
    Size
    5,260 SF
    Lot size
    0.72 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lot 2 Quarry Junction At Pinebrook Plat B, A 2 Lot Subdivision; According To The Official Plat On File In The Summit County Recorders Office Cont 0.72 Ac 1573-871 (See Wd-1838-1521 Quarry Village Associates LLC To Qva Inc) (See Affidavit Of Correcti
    Tax Annual Amount
    9507

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2005
    Building materials
    Stucco
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Charlie Taylor

    Listing agent Charlie Taylor

    Listing office The Agency 1441 Ute Blvd Suite 120, Park City, UT

    Listing date Jun 5, 2025

    MLS# 12502477

    Copyright © 2026 Park City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Park City Professional Office Building

    This professional office building is located in Park City, Utah. The property contains 5,260 square feet and sits on a 0.72-acre lot. The building features 12 private offices and 12 large workstations. Situated just off I-80 within a retail hub, the building benefits from a high-traffic, high-visibility location. The turnkey building is suitable for professional services, tech, or co-working use. The property is currently in active operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park City
    County
    Summit
    State
    Utah
    Longitude
    -111.573439
    Latitude
    40.749729

    Nearby Similar for Sale

    • $1,775,000
      3,600 SF

      New Live/Work Business Condo

      Versatile live/work condo in Park City, near Kimball Junction.
      4554 N Forestdale Drive unit: 27, Park City, UT 84098
      View Details
    • $1,850,000
      3,600 SF

      New Flex Space in Park City

      Two-story flex space with warehouse and office areas.
      4518 N Forestdale Drive, Park City, UT 84098
      View Details
    • $8,900,000

      Spacious Commercial Unit in Park City

      Large flex/industrial space with expansion potential near highway access.
      4554 FORESTDALE Dr, Park City, UT 84098
      View Details
    • $700,000
      3,600 SF

      Park City Mixed-Use Opportunity

      Flexible mixed-use units in Park City's prime location.
      4554 FORESTDALE DR B-8, Park City, UT 84098
      View Details
    • $5,575,000
      2,827 SF

      St. Regis Deer Valley Residence

      Luxury residences with amenities, close to slopes and historic Park
      2310 DEER VALLEY DR 3040, Park City, UT 84060
      View Details
    • $2,849,999
      1,961 SF

      Pendry Hotel Residence Townhome

      Ski-in/ski-out 3-bedroom townhome at the heart of Canyons Village.
      2417 W HIGH MOUNTAIN RD 2109, Park City, UT 84098
      View Details
    • $500,000
      1,500 SF

      Park City Restaurant Opportunity

      Restaurant space for sale in Kimball Junction, Park City.
      1764 Uinta Way, Park City, UT 84098
      View Details
    • $755,000
      1,301 SF

      Private Corner Residence in Park City

      Rare ground-level unit with direct access to green space and trails.
      5519 Lillehammer Lane #Apt 1206, Park City, UT 84098,
      View Details
    • $498,040
      351 SF

      Ski-In/Ski-Out Boutique Hotel

      Park City boutique ski hotel with high-end finishes.
      4080 N COOPER LN 146, Park City, UT 84098
      View Details
    • $691,201
      451 SF

      Boutique Ski Hotel Residence

      Ski-in/ski-out hotel residence in Park City, fully furnished.
      4080 N COOPER LN 349, Park City, UT 84098
      View Details
    • $507,882
      451 SF

      Boutique Ski Hotel Residence

      Ski-in/ski-out hotel residence in Park City, fully furnished.
      4080 N COOPER LN 110, Park City, UT 84098
      View Details
    • $24,750,000
      11,763 SF

      Park City Landmark Hotel

      Historic Park City schoolhouse transformed into a luxury boutique hotel.
      543 Park Ave, Park City, UT 84060
      View Details

    FAQs

    What type of property is this?
    Office building - Professional office building in high-traffic Park City location.
    Where is this office building located?
    The property is located at 3247 Santa Fe Road Park City, UT.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: Prestigious address in a high‑traffic, high‑visibility area of Park City, Utah.; Turnkey professional office building ready for immediate operation.; Features **12 private offices and 12 large workstations**.
    (435) 602-9995
    We can help!
    Listing Contact
    Charlie Taylor
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3247 Santa Fe Road, Park City, UT 84098
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!