Freestanding Retail/Office in Salt
For Sale
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44 North 800 West, Salt Lake City, UT 84116
2,600 SF retail/office building on 0.21 acres.
Property Size2,600 SF
Lot Size0.21 Acres
Price / SF$344.23
Days on Market160
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
Zoning
TSA-UN-C
Building Details
Year Built
1926
Stories
1
Tenancy
Single
Listing Agency:
Align Real Estate
Listed By:
Jonah Hornsby · License #UT 6409658SA00
(801) 580-4945
Source:
Crexi
Added: May 12
Changed: Oct 7
Last Checked: Oct 16 at 9:25AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$38,848
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,960
$777.0K
Cap Rate 7%
$554,971
$555.0K
Cap Rate 9%
$431,644
$431.6K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$57.1K $21.96/SF
− Vacancy
−$1.6K −$0.61/SF
EGI
$55.5K $21.35/SF
− OpEx
−$16.6K −$6.40/SF
NOI
$38.8K $14.94/SF
Area
Salt Lake City, UT
Vacancy
2.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,960
Cap Rate 7%
$554,971
Cap Rate 9%
$431,644
Alternative Uses
Best Use
Retail
$555.0K
$485.6K – $647.5K
NOI $38,848 @ 7.0% cap · market cap 4.34%
Second Best
Office B
$538.5K
$471.2K – $628.3K
NOI $37,697 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$700.5K
$612.9K – $817.2K
NOI $49,033 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 84116, UT
35,327
Population
14,487
Households
2.4
Avg Household Size
31
Median Age
24%
College-Educated
82%
High-School Grad
50.3 sq mi
ZIP Area
702
Density / Sq Mi
$69,604
Median Household Income
$38,492
Median Earnings
$1,280
Median Rent
$334,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Salt Lake City, UT
Frequently Asked Questions
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 $895,000.
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.
