Salt Lake City Office
For Sale
Contact for pricing
1214 E Vine St, Salt Lake City, UT
Office space with convenient access to amenities and major routes.
Property Size4,510 SF
Lot Size0.13 Acres
Price / SF$264.97
Days on Market284
Property Features for 1214 E Vine St
General Information
Standard status
Active
Size
4,510 SF
Lot size
0.13 Acres
Property subtype
OFFICE
Listing Agency:
Roderick Realty
(801) 506-5005
Listed By:
Amy Broadbent
Source:
Moodyscre
Added: Oct 22, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:03AM
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 Roderick Realty
Investment Insights
Based on property information with market context.
This office space, suitable for professional or medical use, offers immediate access to I-215 and I-15. It is located within a fifteen-minute drive to Salt Lake International Airport, downtown Salt Lake City, and various ski resorts. The property features private office suites with vaulted ceilings, a kitchen-break room, a conference room, and ample storage space. The location is convenient to restaurants, Intermountain Medical Center, retail shops, and services. The property contains 4,510 square feet.
Key Highlights
- Immediate access to I‑215 / I‑15.
- Purchase Price $1,290,000 or Lease Rate $22.00 SF / NNN.
- Fifteen minute drive to Salt Lake International Airport, downtown Salt Lake City and ski resorts.
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 | $96.9k | $21.48 |
| − Vacancy | −$9.7k | −$2.15 |
| EGI | $87.2k | $19.33 |
| − OpEx | −$21.8k | −$4.83 |
| NOI | $65.4k | $14.50 |
4,510 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$934.1K
$817.4K – $1.09M
NOI $65,390 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,054 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Salt Lake City, UT
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space with convenient access to amenities and major routes.
Where is this office units located?
The property is located at 1214 E Vine St Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Immediate access to I‑215 / I‑15.; Purchase Price $1,290,000 or Lease Rate $22.00 SF / NNN.; Fifteen minute drive to Salt Lake International Airport, downtown Salt Lake City and ski resorts.
