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    51 East Pl South Salt Lake City, UT 84111

    For Lease
    $24 SF/Yr

    Office or retail space in the Exchange Place Historic District.

    Property size:
    22,000 SF
    Lot size:
    22,000 SF

    Property Features for 51 East Pl South

    General Information

    Size
    22,000 SF

    Source: Nico Priskos Agent Nico Priskos

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

    Overview

    Exchange Place Retail/Office Space

    This property offers office or retail space for lease at $24 per square foot, full service. It features a prime south exposure with a large storefront. Located in the Exchange Place Historic District, the property provides convenient access to a wide array of downtown amenities and attractions. The location is in close proximity to the Main Street TRAX Station. Convenient parking garages are located on Exchange Place. The versatile space is suitable for either retail or office use. The property size is 22000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

    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
    -111.864237
    Latitude
    40.759925

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    FAQs

    What type of property is this?
    Office space - Office or retail space in the Exchange Place Historic District.
    Where is this office space located?
    The property is located at 51 East Pl South Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime 400 South exposure with **large storefront**.; - Versatile space suitable for retail or office use.; - Located in Exchange Place Historic District.
    (801) 413-8902
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    51 East Pl South Salt Lake City, UT 84111
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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
    51 East Pl South Salt Lake City, UT 84111
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