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    2806 3300 Millcreek, UT 84109

    Sponsored
    For Sale
    $1,300,000

    Established Montessori School, High Growth Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a well-established Montessori school in the thriving Millcreek, UT market. The property encompasses a 2,850 square foot, two-story main building situated on a 0.3-acre lot. Included in the sale is a convenient two-car garage. The school, Montessori of Salt Lake, enjoys a strong reputation and currently serves 31 students, with state approval for a capacity of 52 students. This presents a significant opportunity for expansion and increased revenue. The property's location in Millcreek offers excellent accessibility and visibility, making it an attractive option for both continued operation as a school and potential redevelopment. The sale includes the building, garage, and the established business. The seller may consider financing options, making this an even more compelling proposition for qualified buyers. This is a rare chance to acquire a turnkey business with substantial growth potential in a desirable Utah location. The property is zoned for retail use, offering flexibility for future endeavors. The substantial existing student base and the potential for increased enrollment provide a solid foundation for a strong return on investment. Serious inquiries are encouraged.

    Property Features for 2806 3300

    General Information

    Property type
    Retail properties
    Lot Size
    13,068 SF
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Millcreek
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8125
    Latitude
    40.6996

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    FAQs

    What type of property is this?
    Retail property - Established Montessori School, High Growth Potential
    Where is this retail property located?
    The property is located at 2806 3300 Millcreek, UT.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (801) 567-4000
    Request Owner's contact information
    2806 3300 Millcreek, UT 84109
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    Millcreek, UT 84109
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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
    2806 3300 Millcreek, UT 84109
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