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    8851 Sandy Pkwy Unit Sandy, UT 84070

    For Sale
    $8,000,000

    Owner-user opportunity with strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 29,870 square foot office building presents a unique owner-user opportunity in Sandy, Utah's desirable center-valley location. Strategically situated off I-15 at 90th South, this property boasts high visibility and convenient access. The building currently offers between 6,246 and 20,599 square feet of usable space for an owner-occupier, with significant potential for future expansion. In addition to the owner-user space, the building generates substantial rental income from currently occupied spaces, providing a diversified revenue stream. The property sits on a generous 1.56-acre lot, offering ample parking and potential for future development. This is an ideal investment for a business seeking both a headquarters and a passive income stream. The building's prime location, combined with its flexible space and strong rental income, makes it a highly attractive investment opportunity. The current configuration allows for immediate occupancy and the potential for expansion caters to future growth needs. This is a rare opportunity to acquire a well-located, income-producing office building in a thriving market. The property's size and location make it suitable for a variety of businesses seeking a prominent presence in the Sandy area. Serious inquiries are encouraged.

    Property Features for 8851 Sandy Pkwy Unit

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    67,954 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Reporting Credit Reporting Agency XO Communications Telecommunications Service Provider ARKHIO Real Estate Developer Clearsource Call Center ClearSource Call Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9038
    Latitude
    40.59082

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    FAQs

    What type of property is this?
    Office Property / Space - Owner-user opportunity with strong rental income.
    Where is this office property / space located?
    The property is located at 8851 Sandy Pkwy Unit Sandy, UT.
    What is the asking price?
    The asking price for this property is $8,000,000.
    (801) 947-8300
    Request Owner's contact information
    8851 Sandy Pkwy Unit Sandy, UT 84070
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    Realmo Value Estimation

    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.

    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.

    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
    8851 Sandy Pkwy Unit Sandy, UT 84070
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