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    South Jordan Office Space Available Title is generated by Realmo AI

    10619 S Jordan Gateway, South Jordan, UT 84095

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    For Lease
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    Office space for lease with mountain views and convenient access.

    Type:Office
    Added:
    Mar 2, 2026
    Days on Market:
    73
    Last Refresh:
    Mar 16 at 11:00 am

    Property Features for 10619 S Jordan Gateway

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 10619 S Jordan Gateway Contact us

    Suite 110 $21 /Mo

    Size
    Type
    Office
    8,955 SF nCombinable with 1,500 additional SF for 10,455 SF and/or with Suite 130...
    show more
    Contact us

    Suite 125 $21 /Mo

    Size
    8,232 SF
    Type
    Office
    8,232 SFnPrivate Offices as well as open lab space (previously occupied by Prime...
    show more
    Contact us

    Suite 130 $21 /Mo

    Size
    Type
    Office
    4,449 SF nCombinable with 1,500 additional SF for 5,949 SF and/or with Suite 110...
    show more
    Contact us

    Suite 225 $21 /Mo

    Size
    3,059 SF
    Type
    Office
    3,059 SF Corner Office Suite with 2 internal restrooms
    Contact us

    Suite 250 $21 /Mo

    Size
    Type
    Office
    2,438 SFnCombinable with Suite 240 (approx. 3,500 SF) and Suite 200 (6,473 SF) for...
    show more
    Contact us

    Suite 240 $21 /Mo

    Size
    Type
    Office
    Approx. 3,500 SFnCombinable with Suite 200 (approx. 6,473 SF) or Suite 250 (2,438...
    show more
    Contact us

    Suite 200 $21 /Mo

    Size
    Type
    Office
    6,473 SF nCombinable with Suite 240 (approx. 3,500 SF) and Suite 250 (2,438 SF) for...
    show more
    Contact us

    Suite 340 $22 /Mo

    Size
    Type
    Office
    2,713 SF nCombinable with Suite 350 (2,779 SF) for a total of 5,492 SF
    Contact us

    Suite 350 $22 /Mo

    Size
    Type
    Office
    2,779 SFnCombinable with Suite 340 (2,713 SF) for a total of 5,492 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Peter Black
    Peter Black

    Listing agent Peter Black License #UT 6655659

    Listing office Newmark Mountain West

    Listing date Mar 2, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Newmark Mountain West

    HighLights

    • Convenient access to I‑15 and I‑215.
    • Walking distance to South Jordan FrontRunner Station.
    • Reduced Lease Rate of $21.50-$22.50/SF FSG.
    • Generous TI’s available.
    • 5.5/1000 SF Parking Ratio.
    • Beautiful Views of Wasatch and Oquirrh Mountains.

    Overview

    This office space is located in the South Valley submarket and offers convenient access to I-15 and I-215. The property features onsite property management and provides views of the Wasatch and Oquirrh Mountains. It is located within walking distance of the South Jordan FrontRunner Station. Parking is available at a ratio of 5.5 spaces per 1,000 square feet. Generous tenant improvements are available. The lease rate is reduced to $21.50-$22.50 per square foot, full service gross.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Dental Office Spa & Massage Center 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
    South Jordan
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9022301
    Latitude
    40.5574999

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      Class A Office Space Available

      Class A office space for lease in South Jordan, Utah.
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    FAQs

    What type of property is this?
    Office building - Office space for lease with mountain views and convenient access.
    Where is this office building located?
    The property is located at 10619 S Jordan Gateway South Jordan, UT.
    What are key features of this property?
    This property features: Convenient access to I‑15 and I‑215.; Walking distance to South Jordan FrontRunner Station.; Reduced Lease Rate of $21.50-$22.50/SF FSG.
    (801) 971-9425 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Peter Black
    Peter Black
    Real Estate License ID: UT 6655659
    Learn More
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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
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