Office Condo with Two
For Sale
$429,900
6796 S 1300 E #l, Cottonwood Heights, UT 84121
Main-floor suite includes reception, meeting, and private office areas.
Property Size1,740 SF
Price / SF$247.07
Days on Market81
Property Features for 6796 S 1300 E #l
General Information
Standard status
Active
Size
1,740 SF
Additional Details
Highway Access
Yes
Office Units
2
Building Details
Year Built
1999
Listing Agency:
Chapman-Richards & Associates, Inc.
Listed By:
George P Richards
(801) 278-4414
Source:
Liveutah
Added: Jul 25
Changed: Oct 5
Last Checked: Oct 13 at 12:50AM
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 Chapman-Richards & Associates, Inc.
Investment Insights
Based on property information with market context.
This office condominium includes a main-floor suite measuring 875 square feet, arranged with a reception area, two offices, a conference room, and a restroom. The main-floor space is available for lease, while the upstairs unit is occupied by a long-term tenant.
The property is near retail and I-215, with substantial on-site parking. A full parking lot renovation is scheduled, and the sellers have already paid the related assessment in full. The condominium is currently occupied, and showings require an appointment through the agent.
The property is near retail and I-215, with substantial on-site parking. A full parking lot renovation is scheduled, and the sellers have already paid the related assessment in full. The condominium is currently occupied, and showings require an appointment through the agent.
Key Highlights
- 875 SF main‑floor office suite
- Reception area, two offices, conference room, and restroom
- Upstairs unit leased to a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,228
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,560
$504.6K
Cap Rate 7%
$360,400
$360.4K
Cap Rate 9%
$280,311
$280.3K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$37.4K $21.48/SF
− Vacancy
−$3.7K −$2.15/SF
EGI
$33.6K $19.33/SF
− OpEx
−$8.4K −$4.83/SF
NOI
$25.2K $14.50/SF
Area
Salt Lake County, 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%
$504,560
Cap Rate 7%
$360,400
Cap Rate 9%
$280,311
Alternative Uses
Best Use
Office B
$360.4K
$315.4K – $420.5K
NOI $25,228 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.17M
$20.27M – $27.03M
NOI $1,621,812 @ 7.0% cap · market cap 377.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 84121, UT
41,628
Population
16,669
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
97%
High-School Grad
64.5 sq mi
ZIP Area
645
Density / Sq Mi
$114,912
Median Household Income
$56,990
Median Earnings
$1,732
Median Rent
$614,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Main-floor suite includes reception, meeting, and private office areas.
Where is this office units located?
The property is located at 6796 S 1300 E #l Cottonwood Heights, UT.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 875 SF main‑floor office suite; Reception area, two offices, conference room, and restroom; Upstairs unit leased to a long‑term tenant
