Medical Office with Dental
For Sale
$589,000
201-7478 E South Campus Dr, Salt Lake City, UT 84101
Finished professional suite with clinical infrastructure, private offices, reception space, and elevator access in a maintained office building.
Property Size1,870 SF
Price / SF$314.97
Days on Market54
Property Features for 201-7478 E South Campus Dr
General Information
Standard status
Active
Size
1,870 SF
Elevators
Yes
Site & Location
Neighborhood
Arlington Hills
Highway Access
Yes
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$4,775
Listing Agency:
Equity Real Estate (NRE)
(801) 680-2282
Listed By:
Ryan Dastrup
(801) 580-2736
Source:
Exprealty
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 23 at 9:51AM
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 Equity Real Estate (NRE)
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Investment Insights
Based on property information with market context.
This 1,870-square-foot medical office suite is configured for professional and clinical operations, with a reception and waiting area, laboratory, two private offices, and an open floor plan. Abundant natural light supports the interior, while existing plumbing for multiple dental operatories can accommodate dental, orthodontic, medical, wellness, or other professional office uses. The space was previously occupied by an orthodontic practice.
The suite is located within a professional office building that provides elevator access and on-site parking. Its existing improvements and adaptable configuration support both owner-user occupancy and leasing, with the property available for sale or lease.
The suite is located within a professional office building that provides elevator access and on-site parking. Its existing improvements and adaptable configuration support both owner-user occupancy and leasing, with the property available for sale or lease.
Key Highlights
- 1,870‑square‑foot medical office suite
- Existing plumbing for multiple dental operatories
- Reception and waiting area, laboratory, and two private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,113
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,260
$542.3K
Cap Rate 7%
$387,329
$387.3K
Cap Rate 9%
$301,256
$301.3K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$40.2K $21.48/SF
− Vacancy
−$4.0K −$2.15/SF
EGI
$36.2K $19.33/SF
− OpEx
−$9.0K −$4.83/SF
NOI
$27.1K $14.50/SF
Area
Salt Lake City, 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%
$542,260
Cap Rate 7%
$387,329
Cap Rate 9%
$301,256
Alternative Uses
Best Use
Office B
$387.3K
$338.9K – $451.9K
NOI $27,113 @ 7.0% cap · market cap 4.60%
Second Best
Healthcare Medical
$377.7K
$330.5K – $440.6K
NOI $26,437 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$503.8K
$440.8K – $587.8K
NOI $35,266 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,552
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 84101, UT
8,140
Population
5,605
Households
1.5
Avg Household Size
34
Median Age
51%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,522
Density / Sq Mi
$70,391
Median Household Income
$55,238
Median Earnings
$1,336
Median Rent
$541,100
Median Home Value
Market
Vacancy Rate% for Office in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Medical Office Space - Finished professional suite with clinical infrastructure, private offices, reception space, and elevator access in a maintained office building.
Where is this medical office space located?
The property is located at 201-7478 E South Campus Dr Salt Lake City, UT.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 1,870‑square‑foot medical office suite; Existing plumbing for multiple dental operatories; Reception and waiting area, laboratory, and two private offices
