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    The Largest CRE Database in the US with Over 1 Million Listings

    9571 S 700 E, Unit 104 Sandy, UT 84070

    Sponsored
    For Sale
    $230,000

    COMMERCIAL - Sandy, UT

    Type:Office
    Property size:
    960 SF
    Lot size:
    0.01 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 26 at 4:06 am

    Property Features for 9571 S 700 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    28-08-102-056
    Size
    960 SF
    Lot size
    0.01 Acres

    Building Details

    Year built
    1998

    We can help!

    Listing Contact
    Frederick H Repman

    KW Utah Realtors Keller Williams (801) 858-0000

    Listing agent Frederick H Repman (801) 858-0000

    Listing date Feb 24, 2026

    MLS# 2138994

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Professional Office Investment Opportunity

    This 960 square foot office condominium, constructed in 1998, is located in the East Sandy business area. It presents an opportunity for owner-users or investors. The suite offers a floor plan, including two private offices and a conference room, suited for legal, accounting, or consulting practices. The property benefits from regional connectivity, with access to light rail, major freeway corridors, and commuter routes. The surrounding demographics include residential neighborhoods, providing a client and workforce base, along with proximity to Wasatch Front resorts, convention centers, and regional business destinations. The HOA has completed capital improvements, including HVAC replacement, electrical upgrades, new roofing, and maintained common areas, reducing capital expenditure risk and enhancing asset performance. Most existing office furniture may be included in the purchase price. The suite represents an entry point for a new professional practice as well as a client-meeting office for established firms. The property is located in Sandy, UT, with a lot size of 0.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cadence Counseling Crisis Center Law Office of Melvin ... Law Firm Daniel L. Day, ... Law Firm HK Construction Construction Company Jeffrey Bentley Marriage Or Relationship Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8713822
    Latitude
    40.577752

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    FAQs

    What type of property is this?
    Office space - 960 SF office condo in East Sandy business district.
    Where is this office space located?
    The property is located at 9571 S 700 E, Unit 104 Sandy, UT.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Recent capital improvements, including HVAC, electrical, and roofing, reduce capital expenditure risk.; - Located in the desirable East Sandy business district with strong regional connectivity.; - Practical 960 SF floor plan with two private offices and a conference room.
    (801) 858-0000
    Request Owner's contact information
    9571 S 700 E, Unit 104 Sandy, UT 84070
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    Sandy, UT 84070
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    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
    9571 S 700 E, Unit 104 Sandy, UT 84070
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    We can help!
    Listing Contact
    Frederick H Repman
    (801) 858-0000
    Learn more
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