Freestanding Retail/Office in Salt
44 North 800 West Salt Lake City, UT 84116
For Sale
Contact for pricing
2,600 SF retail/office building on 0.21 acres.
Property Size2,600 SF
Lot Size0.21 Acres
Price / SF$375
Days on Market74
Property Features for 44 North 800 West
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.21 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1926
Listing Agency:
Align Real Estate
(801) 580-4945
Listed By:
Jonah Hornsby · License #UT 6409658SA00
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Jul 23 at 2:24PM
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
Investment Insights
Based on property information with market context.
Located at 44 North 800 West in Salt Lake City, Utah, this freestanding retail or office property features 2,600 square feet of space on a 0.21-acre lot. Constructed in 1926, with an effective build year of 1995, the single-story building is situated in the North Temple District. Currently occupied by a veterinarian clinic, the property offers potential for retail or office use.
Key Highlights
- Freestanding retail/office property.
- Located in the North Temple District of Salt Lake City.
- Building size: 2,600 square feet on 0.21 acres.
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 | $57.1k | $21.96 |
| − Vacancy | −$1.6k | −$0.61 |
| EGI | $55.5k | $21.35 |
| − OpEx | −$16.6k | −$6.40 |
| NOI | $38.8k | $14.94 |
2,600 SF · lease $21.96/SF/yr · vacancy 2.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$555.0K
$485.6K – $647.5K
NOI $38,848 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.5K
$612.9K – $817.2K
NOI $49,033 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
FAQs
What type of property is this?
Retail property - 2,600 SF retail/office building on 0.21 acres.
Where is this retail property located?
The property is located at 44 North 800 West Salt Lake City, UT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Freestanding retail/office property.; Located in the North Temple District of Salt Lake City.; Building size: 2,600 square feet on 0.21 acres.
