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    230 S 500 E Salt Lake City, UT 84101

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    For Lease
    $22 SF/Yr ($4,905 /Mo)

    Newly renovated office space in downtown Salt Lake City.

    Property size:
    2,616 SF
    Lot size:
    1.64 Acres

    Property Features for 230 S 500 E

    General Information

    Size
    2,616 SF
    Lot size
    1.64 Acres

    Source: CBRE | Salt Lake City Agent Scott Wilmarth

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

    Overview

    Renovated Office Space For Rent

    This office space, offering 2,616 square feet, is available for rent at $22.50 per square foot under a full-service gross lease. The interior has been newly renovated. Located in the CBD periphery, it is situated minutes from the heart of downtown, with surrounding amenities including retail options, restaurants, and lodging. A state-of-the-art fitness center with showers and lockers is underway, as is a high-tech tenant lounge and conferencing center. The property features a newly renovated lobby with collaboration areas and Wi-Fi in all common areas. Conference rooms are available for tenant use. Covered parking is provided, including on-site EV chargers, with a parking ratio of 3 per 1,000 square feet within the attached covered parking garage at no additional charge. On-site property management and 24/7 security are provided. A large outdoor plaza with seating is available, along with an on-site restaurant and coffee service.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Attorneys' Title Guaranty ... Title Company Tristyn Teel Wilkerson ... Mental Health Service Utah Medical Education ... State Government Office Midtown Clinic Medical Clinic Norman, Townsend & Johnson, ... Certified Public Accountant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop 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
    -111.905461
    Latitude
    40.764262

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    FAQs

    What type of property is this?
    Office space - Newly renovated office space in downtown Salt Lake City.
    Where is this office space located?
    The property is located at 230 S 500 E Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated interior and lobby with collaboration areas.; - State-of-the-art fitness center with showers and lockers (underway) and high-tech tenant lounge and conferencing center (underway).; - Convenient location in the CBD periphery, minutes from downtown amenities.
    (801) 869-8000
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    230 S 500 E Salt Lake City, UT 84101
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    Salt Lake City, UT 84101
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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
    230 S 500 E Salt Lake City, UT 84101
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