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    11639 South 700 East Draper, UT 84020

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    For Sale
    $3,349,000

    Modern office building in a high-demographic residential area.

    Property size:
    10,622 SF

    Property Features for 11639 South 700 East

    General Information

    Size
    10,622 SF

    Source: Jim McLachlan Agent Jim McLachlan

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

    Overview

    New Office Building in Draper

    This office building, constructed in 2022, is situated in a desirable residential area of Draper, characterized by high demographics. The location offers convenient access to TRAX and the freeway. The property is suitable for an owner-user. The building features an elevator and ample parking. Numerous restaurants, retail options, and other amenities are located nearby. The property has a size of 10622 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8705992
    Latitude
    40.5397411

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    FAQs

    What type of property is this?
    Office building - Modern office building in a high-demographic residential area.
    Where is this office building located?
    The property is located at 11639 South 700 East Draper, UT.
    What is the asking price?
    The asking price for this property is $3,349,000.
    What are key features of this property?
    This property features: - Built in 2022 (New Construction); - Ample Parking; - Elevator for easy access
    (801) 750-7991
    Request Owner's contact information
    11639 South 700 East Draper, UT 84020
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    Draper, UT 84020
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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
    11639 South 700 East Draper, UT 84020
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