684 E Vine St, Salt Lake City, UT
3,000 SF office condo in Murray, UT for sale.
- Added:
- Jul 8, 2024
- Days on Market:
- 719
- Last Refresh:
- May 19 at 10:54 pm
Property Features for 684 E Vine St
General Information
- Standard status
- Active
- Size
- 2,487 SF
- Lot size
- 3.00 Acres
- Property subtype
- OFFICE
Listing office CBRE | Salt Lake City (801) 869-8000
Listing date Jul 8, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Salt Lake City
HighLights
- Convenient Central Valley location
- Immediate parking access
- Easy access to I‑15 on 5300 South
- 3,000 SF office condo
- Two‑story layout
- Price: $175.00 per sq. ft.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.4k | $21.48 |
| − Vacancy | −$5.3k | −$2.15 |
| EGI | $48.1k | $19.33 |
| − OpEx | −$12.0k | −$4.83 |
| NOI | $36.1k | $14.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.873
- Latitude
- 40.6544
