Ground-Floor Office
276 E 12200 S Draper, UT 84020
For Sale
Contact for pricing
Ground-floor office condo with three private offices, a break room, and an open work area, plus ample on-site parking.
Property Size2,160 SF
Price / SF$300
Days on Market106
Property Features for 276 E 12200 S
General Information
Standard status
Active
Size
2,160 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Utah County
(801) 666-4260
Listed By:
David Heninger
Source:
Moodyscre
Added: Apr 16
Changed: Jul 26
Last Checked: Jul 29 at 2:02PM
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 Colliers | Utah County
Investment Insights
Based on property information with market context.
This 2,160 SF ground-floor office condo offers a practical mix of private and flexible workspace. The layout includes three private offices, a break room, and an open work area that can support a variety of configurations.
The property is approximately 10.56 miles to I-15 and is directly across from the Draper Post Office. Ample on-site parking is provided for convenient access.
As a ground-level condo unit, it is well suited for office use where efficient day-to-day access and a clear interior mix of rooms and open work space are priorities.
The property is approximately 10.56 miles to I-15 and is directly across from the Draper Post Office. Ample on-site parking is provided for convenient access.
As a ground-level condo unit, it is well suited for office use where efficient day-to-day access and a clear interior mix of rooms and open work space are priorities.
Key Highlights
- 2,160 SF ground‑floor office condo
- Layout includes 3 private offices, a break room, and an open work area
- Just 0.56 miles to I‑15
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 | $46.4k | $21.48 |
| − Vacancy | −$4.6k | −$2.15 |
| EGI | $41.8k | $19.33 |
| − OpEx | −$10.4k | −$4.83 |
| NOI | $31.3k | $14.50 |
2,160 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$447.4K
$391.5K – $522.0K
NOI $31,318 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$28.76M
$25.17M – $33.55M
NOI $2,013,284 @ 7.0% cap · market cap 310.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Ground-floor office condo with three private offices, a break room, and an open work area, plus ample on-site parking.
Where is this office units located?
The property is located at 276 E 12200 S Draper, UT.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: 2,160 SF ground‑floor office condo; Layout includes 3 private offices, a break room, and an open work area; Just 0.56 miles to I‑15
