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    Freestanding Retail/Flex Building For Sale Title is generated by Realmo AI

    257 W 3300 S, Salt Lake City, UT

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    9,820 SF retail/flex building with redevelopment opportunity.

    Type:RETAIL
    Property size:
    9,820 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $168/SF
    Added:
    Jun 17, 2025
    Days on Market:
    360
    Last Refresh:
    May 20 at 8:22 pm

    Property Features for 257 W 3300 S

    General Information

    Standard status
    Active
    Size
    9,820 SF
    Lot size
    0.51 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Gavin Perryman

    Listing agent Gavin Perryman

    Listing office cRc Nationwide

    Listing date Jun 17, 2025

    Source Moodyscre

    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 cRc Nationwide

    HighLights

    • High traffic location with 3300 South frontage
    • Easy access to I‑15 & I‑80
    • 9,820 SF Freestanding Retail/Flex building
    • Redevelopment opportunity
    • Multiple grade‑level doors (various sizes)
    • Pylon & Building Signage available

    Overview

    This 9,820 square foot freestanding retail/flex building is available for sale. The property features frontage on 3300 South in a busy area with high traffic counts. It offers convenient access to I-15 and I-80. The building includes two 10' x 9' grade-level doors, two 10' x 12' grade-level doors, and one 15' x 8' grade-level door. The site size is 0.51 acres and includes pylon and building signage, as well as an outdoor covered storage area. The property also presents a redevelopment opportunity.

    Local Financial Insights For Retail

    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 $215.6k $21.96
    − Vacancy −$6.0k −$0.61
    EGI $209.6k $21.35
    − OpEx −$62.9k −$6.40
    NOI $146.7k $14.94
    9,820 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.10M
    $1.83M – $2.45M (±1% cap)
    NOI $146,726 @ 7.0% cap · market cap 8.89%
    Second Best
    Flex RnD
    $1.54M
    $1.35M – $1.80M (±1% cap)
    NOI $108,000 @ 7.0% cap · market cap 6.55%
    Theoretical Best
    Office A
    $2.65M
    $2.31M – $3.09M (±1% cap)
    NOI $185,195 @ 7.0% cap · market cap 11.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    iCell Wireless - Buy ... Mobile Phone Store Rainbow Neon Sign ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.881
    Latitude
    40.7002

    FAQs

    What type of property is this?
    Retail space - 9,820 SF retail/flex building with redevelopment opportunity.
    Where is this retail space located?
    The property is located at 257 W 3300 S Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: High traffic location with 3300 South frontage; Easy access to I‑15 & I‑80; 9,820 SF Freestanding Retail/Flex building
    (801) 617-1700 Call to check price and availability
    More about this property
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