Medical Office
New
For Sale
$914,200
1326 W W SHIELDS LN, South Jordan, UT 84095
The shell interior gives an owner flexibility to plan a layout suited to a medical practice or professional operation.
Property Size2,026 SF
Price / SF$452.35
Days on Market5
Property Features for 1326 W W SHIELDS LN
General Information
Standard status
Active
Size
2,026 SF
Class
Class A
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
No
Building Details
Building Size
2,026 SF
Year Built
2026
Abandoned
No
Listing Agency:
Pendleton Real Estate LLC
(801) 450-2900
Listed By:
Mike Minnick
(801) 918-7888
Source:
Liftrealty
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 12 at 8:46PM
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 Pendleton Real Estate LLC
Investment Insights
Based on property information with market context.
This newly constructed Class A medical office condominium contains 2,021 square feet and is offered in shell condition. Its unfinished interior allows the next owner to design the layout and select finishes for the intended operation. Medical and professional office uses are permitted, and build-out services are available at actual cost.
The property is at 1326 W. Shields Lane in South Jordan, on a corner parcel. On-site parking is provided, with access to I-15 and major arterials.
The property is at 1326 W. Shields Lane in South Jordan, on a corner parcel. On-site parking is provided, with access to I-15 and major arterials.
Key Highlights
- 2,021‑square‑foot Class A medical office condominium
- Delivered in shell condition for a planned interior build‑out
- Medical and professional office uses are permitted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,302
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,040
$586.0K
Cap Rate 7%
$418,600
$418.6K
Cap Rate 9%
$325,578
$325.6K
Market Conditions
NOI Build-Up for 2,021 SF
Gross rent
$43.4K $21.48/SF
− Vacancy
−$4.3K −$2.15/SF
EGI
$39.1K $19.33/SF
− OpEx
−$9.8K −$4.83/SF
NOI
$29.3K $14.50/SF
Area
Salt Lake County, UT
Vacancy
10.00%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,040
Cap Rate 7%
$418,600
Cap Rate 9%
$325,578
Alternative Uses
Best Use
Office B
$418.6K
$366.3K – $488.4K
NOI $29,302 @ 7.0% cap · market cap 3.21%
Second Best
Healthcare Medical
$345.5K
$302.3K – $403.1K
NOI $24,184 @ 7.0% cap · market cap 2.65%
Theoretical Best
Multifamily LT 5
$26.91M
$23.55M – $31.40M
NOI $1,883,725 @ 7.0% cap · market cap 206.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84095, UT
39,278
Population
13,518
Households
2.9
Avg Household Size
35
Median Age
46%
College-Educated
97%
High-School Grad
11.5 sq mi
ZIP Area
3,415
Density / Sq Mi
$123,082
Median Household Income
$57,833
Median Earnings
$1,794
Median Rent
$669,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The shell interior gives an owner flexibility to plan a layout suited to a medical practice or professional operation.
Where is this medical office space located?
The property is located at 1326 W W SHIELDS LN South Jordan, UT.
What is the asking price?
The asking price for this property is $914,200.
What are key features of this property?
This property features: 2,021‑square‑foot Class A medical office condominium; Delivered in shell condition for a planned interior build‑out; Medical and professional office uses are permitted
