Medical Office Suite with Private
For Sale
$800,000
248 E 13800 S #3, Draper, UT 84020
A ground-floor layout includes dedicated parking and a range of enclosed work and support spaces.
Property Size2,003 SF
Price / SF$399.40
Days on Market260
Property Features for 248 E 13800 S #3
General Information
Standard status
Active
Size
2,003 SF
Property subtype
Commercial
Zoning
Multi-Family, Commercial
Additional Details
Floor
Ground Floor
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,522
Amenities
Alarm: Fire
Floor Drains
Kitchen
Restroom: Public
Paved Parking
Security Lighting
Building Details
Building Size
2,003 SF
Year Built
2008
Listing Agency:
Etzel Realty, LLC
Listed By:
Frankie Sacco · License #5476963
(435) 637-6777
Source:
Etzelonline
Added: Feb 6
Changed: Oct 23
Last Checked: Oct 23 at 5:55PM
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 Etzel Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,003-square-foot medical office suite is on the ground level and was built in 2008. Its layout includes nine private rooms, a conference room, a separate office, a breakroom and storage. Dedicated parking is provided, and the space is zoned Multi-Family, Commercial.
The property is in Rockwell Square in Draper, less than one mile from I-15 and minutes from Bangerter Highway. The location provides access to Salt Lake and Utah counties.
The property is in Rockwell Square in Draper, less than one mile from I-15 and minutes from Bangerter Highway. The location provides access to Salt Lake and Utah counties.
Key Highlights
- 2,003‑square‑foot ground‑level medical office suite
- Nine private rooms, a conference room and a separate office
- Breakroom and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,041
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,820
$580.8K
Cap Rate 7%
$414,871
$414.9K
Cap Rate 9%
$322,678
$322.7K
Market Conditions
NOI Build-Up for 2,003 SF
Gross rent
$43.0K $21.48/SF
− Vacancy
−$4.3K −$2.15/SF
EGI
$38.7K $19.33/SF
− OpEx
−$9.7K −$4.83/SF
NOI
$29.0K $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%
$580,820
Cap Rate 7%
$414,871
Cap Rate 9%
$322,678
Alternative Uses
Best Use
Office B
$414.9K
$363.0K – $484.0K
NOI $29,041 @ 7.0% cap · market cap 3.63%
Second Best
Healthcare Medical
$342.4K
$299.6K – $399.5K
NOI $23,969 @ 7.0% cap · market cap 3.00%
Theoretical Best
Multifamily LT 5
$26.67M
$23.34M – $31.12M
NOI $1,866,948 @ 7.0% cap · market cap 233.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84020, UT
51,017
Population
16,865
Households
3
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
27.2 sq mi
ZIP Area
1,876
Density / Sq Mi
$130,680
Median Household Income
$55,377
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- South Mountain Pet Care — 132 E 13800 S, Draper, UT 84020
Frequently Asked Questions
What type of property is this?
Medical Office Space - A ground-floor layout includes dedicated parking and a range of enclosed work and support spaces.
Where is this medical office space located?
The property is located at 248 E 13800 S #3 Draper, UT.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,003‑square‑foot ground‑level medical office suite; Nine private rooms, a conference room and a separate office; Breakroom and storage
