Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9270-9362 S 700 E Sandy, UT 84070

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Modern office condos with excellent visibility and convenient access.

    Property size:
    1,337 SF
    Lot size:
    3.06 Acres

    Property Features for 9270-9362 S 700 E

    General Information

    Size
    1,337 SF
    Lot size
    3.06 Acres

    We can help!

    Listing Contact
    Brook Hintze
    Source: Moodyscre

    Listing Agency: InterNet Properties Listing Agent: Brook Hintze

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

    Learn more

    Overview

    Updated Office Condos For Lease

    The property consists of updated office condos in a highly desirable area. Modern refreshes have been made to both the interior and exterior. The location provides excellent visibility and prime access to major roads, public transportation, and a variety of nearby amenities. Ample on-site and off-site parking is available, with a ratio of 4 per 1,000 square feet. The property is available for sale or lease and has a size of 4,032 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8734611
    Latitude
    40.5831396

    Nearby Similar for Sale

    • $4,999,825

      Versatile Industrial Building Near I-15

      Industrial building with warehouse and office space, near I-15.
      649 West 9400 South, Sandy, UT 84070
      View Details
    • $577,720

      Office Condominium Near I-215

      Office condominium for sale or lease, convenient highway access.
      8180 South East, Sandy, UT 84070
      View Details
    • $255,000
      1,075 SF

      Office Unit For Sale

      Office unit with 1,075 square feet of space.
      9137 Monroe St, Sandy, UT 84070
      View Details
    • Contact for pricing

      Updated Office Condos For Sale

      Updated office condos in a highly desirable area.
      9272 S 700 E, Sandy, UT 84070
      View Details
    • $6,429,000
      8,170 SF

      Profitable Retail Investment Opportunity

      Retail property with long-term leases in Sandy, Utah.
      11020 State St, Sandy, UT 84070
      View Details
    • Contact for pricing

      Renovated Retail Center in Sandy

      Recently renovated retail center in affluent Salt Lake City submarket.
      11020-11078 S State St, Sandy, UT 84070
      View Details
    • $900,000
      4,209 SF

      Class A Office Space Available

      4,209 SF office space with high-end finishes for sale.
      7370-7390 S Creek Rd, Sandy, UT 84093
      View Details
    • Contact for pricing

      Riverside Drive Investment Opportunity

      Two-story mixed-use property with complete interior renovation and parking.
      9075 S Riverside Dr W, Sandy, UT 84070
      View Details
    • Contact for pricing
      11,697 SF

      Freestanding Building on 0.84 Acres

      Freestanding ±11,697 SF building on 0.84 acres for sale.
      3577 west 9800, Sandy, UT 84095
      View Details
    • Contact for pricing
      98,820 SF

      Sandy Utah Industrial Investment Opportunity

      Newly constructed Class A industrial facility near I-15 in Sandy.
      565 Parkland Dr, Sandy, UT 84070
      View Details

    FAQs

    What type of property is this?
    Office units - Modern office condos with excellent visibility and convenient access.
    Where is this office units located?
    The property is located at 9270-9362 S 700 E Sandy, UT.
    What is the asking price?
    The asking price for this property is $15,426,480.
    What are key features of this property?
    This property features: - Prime location with easy access to major roads, public transportation, and nearby amenities; - Modern refresh to both interior and exterior; - Ample on-site and off-site parking with a 4/1,000 ratio
    (801) 860-1515 Call to check price and availability
    Request Owner's contact information
    9270-9362 S 700 E Sandy, UT 84070
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9270-9362 S 700 E
    Sandy, UT 84070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    9270-9362 S 700 E Sandy, UT 84070
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brook Hintze
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!