Built-Out Medical Office
10654 S RIVER HEIGHTS DR South Jordan, UT 84095
10654 S RIVER HEIGHTS DR, South Jordan, UT, 84095
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For Sale
Contact for pricing
Turnkey medical office with existing improvements, ready for immediate occupancy near medical and dental neighbors.
Property Size3,555 SF
Price / SF$393.81
Days on Market51
Property Features for 10654 S RIVER HEIGHTS DR
General Information
- Standard status
- Active
- Size
- 3,555 SF
- Property subtype
- Office
Building Details
- Year Built
- 2020
Listing agency
Spark Realty
Listed by
Andy Evans · License #UT
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:49PM Checked: Jul 22 at 3:17PM
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 Spark Realty
Investment Insights
Based on property information with market context.
This fully built-out medical office suite is offered for sale or lease and is described as being in great condition and ready for immediate occupancy. The unit is smartly designed to support medical use, with the interior improvements already in place, reducing the need for initial buildout for qualified users.
Located in South Jordan, the suite benefits from being within a building that includes medical and dental neighbors. That tenant mix can be especially relevant for practices looking to operate in a medical-oriented environment.
For buyers or operators, the primary advantage here is operational readiness. With a completed medical office layout and an emphasis on immediate occupancy, the space is well suited for medical and dental practices seeking a turnkey environment rather than starting from raw space. The listing may be a strong fit for groups evaluating either an owner-occupant scenario or an operating lease arrangement in a purpose-built medical setting.
Located in South Jordan, the suite benefits from being within a building that includes medical and dental neighbors. That tenant mix can be especially relevant for practices looking to operate in a medical-oriented environment.
For buyers or operators, the primary advantage here is operational readiness. With a completed medical office layout and an emphasis on immediate occupancy, the space is well suited for medical and dental practices seeking a turnkey environment rather than starting from raw space. The listing may be a strong fit for groups evaluating either an owner-occupant scenario or an operating lease arrangement in a purpose-built medical setting.
Key Highlights
- Medical office unit built in 2020
- Fully built out with existing improvements for a medical office
- Ready for immediate occupancy
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.4k | $21.48 |
| − Vacancy | −$7.6k | −$2.15 |
| EGI | $68.7k | $19.33 |
| − OpEx | −$17.2k | −$4.83 |
| NOI | $51.5k | $14.50 |
3,555 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$736.3K
$644.3K – $859.1K
NOI $51,544 @ 7.0% cap · market cap 3.68%
Second Best
Healthcare Medical
$607.7K
$531.8K – $709.0K
NOI $42,541 @ 7.0% cap · market cap 3.04%
Theoretical Best
Multifamily LT 5
$47.34M
$41.42M – $55.23M
NOI $3,313,529 @ 7.0% cap · market cap 236.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- American Global Vet Clinic — 10266 Eden Crest Rd, South Jordan, UT 84095
FAQs
What type of property is this?
Medical Office Space - Turnkey medical office with existing improvements, ready for immediate occupancy near medical and dental neighbors.
Where is this medical office space located?
The property is located at 10654 S RIVER HEIGHTS DR South Jordan, UT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Medical office unit built in 2020; Fully built out with existing improvements for a medical office; Ready for immediate occupancy
