Office Condo with Private
248 East 13800 South Draper, UT 84020
248 East 13800 South, Draper, UT, 84020
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For Sale
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Well-located office condo with ground-level access and a professional buildout including a private restroom and break room.
Property Size1,964 SF
Price / SF$356.42
Days on Market86
Property Features for 248 East 13800 South
General Information
- Standard status
- Active
- Size
- 1,964 SF
- Property subtype
- Retail, Office, Mixed Use
Listing agency
Windermere Real Estate
Listed by
Max Strayer · License #UT 11622543-SA00
Source
Crexi
Added: Apr 28 Updated: Jul 21 at 9:43PM Checked: Jul 21 at 9:43PM
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 Windermere Real Estate
Investment Insights
Based on property information with market context.
This office condo is offered for sale within the Rockwell Square development. The space totals 1,964 SF and features a clean, professional buildout with a private restroom, break room, and kitchen. The layout also provides easy ground-level access.
Located at 248 East 13800 South in Draper, the property is described as having strong traffic counts and quick access to major corridors. It is positioned for convenient customer and employee access within the development.
For buyers evaluating either an owner-user setup or an investment approach, the condo offers a low-maintenance commercial format with in-unit improvements already in place.
Located at 248 East 13800 South in Draper, the property is described as having strong traffic counts and quick access to major corridors. It is positioned for convenient customer and employee access within the development.
For buyers evaluating either an owner-user setup or an investment approach, the condo offers a low-maintenance commercial format with in-unit improvements already in place.
Key Highlights
- 1,964 SF office condo in the Rockwell Square development
- Ground‑level access for easy client entry
- Clean professional buildout with private restroom, break room, and kitchen
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 | $42.2k | $21.48 |
| − Vacancy | −$4.2k | −$2.15 |
| EGI | $38.0k | $19.33 |
| − OpEx | −$9.5k | −$4.83 |
| NOI | $28.5k | $14.50 |
1,964 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$406.8K
$356.0K – $474.6K
NOI $28,476 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$26.15M
$22.88M – $30.51M
NOI $1,830,597 @ 7.0% cap · market cap 261.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-located office condo with ground-level access and a professional buildout including a private restroom and break room.
Where is this office units located?
The property is located at 248 East 13800 South Draper, UT.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,964 SF office condo in the Rockwell Square development; Ground‑level access for easy client entry; Clean professional buildout with private restroom, break room, and kitchen
