Freestanding Office
333 North 300 West, Salt Lake City, UT 84103
For Sale
Contact for pricing
Three distinct suites support a mix of owner occupancy and existing tenancies.
Property Size7,688 SF
Lot Size0.31 Acres
Price / SF$247.14
Days on Market51
Property Features for 333 North 300 West
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Office Units
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Align Real Estate
Listed By:
Tyler Parrish · License UT 5483191-PB
Source:
Crexi
Added: Sep 21
Changed: Oct 26
Last Checked: Nov 10 at 8:18AM
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 Align Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office property contains 7,688 square feet across three suites on approximately 0.31 acres. Two suites are occupied, and the tenant in one has expressed interest in staying. The vacant suite is substantially built out for dental use. The largest suite has been extensively renovated with contemporary finishes, private offices, a conference area, a break room, and updated restrooms. The property has 28 on-site parking stalls.
The building is in Salt Lake City’s CBD, a few blocks north of Downtown. I-15 is accessible nearby, and TRAX light rail is approximately 3.5 blocks away, with service that includes Salt Lake City International Airport and the University of Utah.
The building is in Salt Lake City’s CBD, a few blocks north of Downtown. I-15 is accessible nearby, and TRAX light rail is approximately 3.5 blocks away, with service that includes Salt Lake City International Airport and the University of Utah.
Key Highlights
- 7,688‑square‑foot office building on approximately 0.31 acres
- Three suites; two are occupied, and one is vacant
- Vacant suite is substantially built out for dental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,468
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,229,360
$2.2M
Cap Rate 7%
$1,592,400
$1.6M
Cap Rate 9%
$1,238,533
$1.2M
Market Conditions
NOI Build-Up for 7,688 SF
Gross rent
$165.1K $21.48/SF
− Vacancy
−$16.5K −$2.15/SF
EGI
$148.6K $19.33/SF
− OpEx
−$37.2K −$4.83/SF
NOI
$111.5K $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%
$2,229,360
Cap Rate 7%
$1,592,400
Cap Rate 9%
$1,238,533
Alternative Uses
Best Use
Office B
$1.59M
$1.39M – $1.86M
NOI $111,468 @ 7.0% cap · market cap 5.87%
Second Best
Healthcare Medical
$1.55M
$1.36M – $1.81M
NOI $108,687 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $144,988 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 84103, UT
22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
Median Home Value
Market
Properties on Market for Office buildings in Salt Lake City
Vacancy Rate% for Office in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Office building - Three distinct suites support a mix of owner occupancy and existing tenancies.
Where is this office building located?
The property is located at 333 North 300 West Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 7,688‑square‑foot office building on approximately 0.31 acres; Three suites; two are occupied, and one is vacant; Vacant suite is substantially built out for dental use
