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    295 East 400 St North Salem, UT 84653

    For Sale
    $575,000

    Commercial space suitable for office, retail, automotive, or drive-thru.

    Property size:
    1,163 SF

    Property Features for 295 East 400 St North

    General Information

    Size
    1,163 SF

    Building Details

    Year built
    1944

    Source: Aaron Edgley Agent Aaron Edgley

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

    Overview

    Commercial Space in Salem, Utah

    This 1,163-square-foot commercial space is located in a bustling commercial corridor. The property is suitable for a variety of commercial uses, including office, retail, automotive, or drive-thru establishments. It is situated close to established retail, office, and service businesses. The location offers strong traffic counts and easy curb access for customers.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.554
    Latitude
    39.9788

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    FAQs

    What type of property is this?
    Office Property / Space - Commercial space suitable for office, retail, automotive, or drive-thru.
    Where is this office property / space located?
    The property is located at 295 East 400 St North Salem, UT.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Prominent location with strong traffic counts.; - Suitable for office, retail, automotive, or drive-thru establishments.; - Located in a bustling commercial corridor.
    (435) 627-5732
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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
    295 East 400 St North Salem, UT 84653
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