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    2927 S Highland Dr Salt Lake City, UT 84106

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    For Sale
    $1,900,000

    Prime location with high-end improvements and warehouse space.

    Property size:
    5,737 SF

    Property Features for 2927 S Highland Dr

    General Information

    Size
    5,737 SF

    Building Details

    Year built
    1985

    Source: Chris Metos Agent Chris Metos

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

    Overview

    Highland Drive Retail/Office Opportunity

    This property presents a prime investment opportunity for retail or office investors. The building features high-end improvements and aesthetics throughout, showcasing quality construction. A functional freestanding warehouse space is located in the rear lot. Situated on Highland Dr., the location offers excellent nearby freeway access and prime frontage, wedged between the Sugarhouse and Millcreek City Center areas. The property benefits from high visibility and foot traffic on Highland Dr., with over 20,000 average daily cars. The Sugar House shopping district, with its stores and boutiques, and Sugar House Park are nearby. The property includes a 4,537 square foot office/retail building and a 1,200 square foot warehouse building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Light Spot Lighting Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8531853
    Latitude
    40.7073557

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    FAQs

    What type of property is this?
    Retail space - Prime location with high-end improvements and warehouse space.
    Where is this retail space located?
    The property is located at 2927 S Highland Dr Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime location on Highland Drive with high visibility (over 20,000 cars/day).; - High-end improvements and aesthetics throughout the office/retail building.; - Functional freestanding 1,200 SF warehouse in rear lot.
    (801) 879-7870
    Request Owner's contact information
    2927 S Highland Dr Salt Lake City, UT 84106
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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
    2927 S Highland Dr Salt Lake City, UT 84106
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