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    324 S State St Salt Lake City, UT 84111

    For Lease
    $26 SF/Yr

    Shell condition office space with mountain views for rent.

    Property size:
    21,339 SF
    Lot size:
    1.50 Acres

    Property Features for 324 S State St

    General Information

    Size
    21,339 SF
    Lot size
    1.50 Acres

    Source: JLL | Salt Lake City Agent Jami Marsh

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

    Overview

    Downtown Office Space with Views

    This office space, available for rent, is in shell condition and ready for tenant improvements. The property offers views of the Wasatch Mountains and the Salt Lake City and County Building. A lobby refresh is in progress. The space is plug & play ready. Ample downtown parking is available, with an onsite parking garage providing direct access to the building. The location is one block from TRAX and features an iconic downtown corner. Building signage is available. The property size is 21339 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mortenson Company General Contractor Rural Development State Government Office Spectrum Engineers - Salt ... Engineering Consultant TBCx Building Consultant RDC+EA LLLP Engineering Consultant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Law Firm 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
    -111.8885223
    Latitude
    40.7624017

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    FAQs

    What type of property is this?
    Office space - Shell condition office space with mountain views for rent.
    Where is this office space located?
    The property is located at 324 S State St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Iconic downtown corner location; - Great views of the Wasatch Mountains and Salt Lake City and County Building; - Ample and above average downtown parking
    (801) 456-9510
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    324 S State St 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
    324 S State St Salt Lake City, UT 84111
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