Office Condo with Flexible
8834 S Redwood Rd #212, West Jordan, UT 84088
For Sale
$1,900,000
A configurable office layout includes private work areas, collaboration space, and on-site wellness amenities.
Property Size8,738 SF
Price / SF$217.44
Days on Market298
Property Features for 8834 S Redwood Rd #212
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Asking Price
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
On-site gym
sauna
shower facilities
Overhead noise cancellation system
Large break room / collaboration area
private phone booth rooms
private offices / huddle rooms
Alarm: Fire
Alarm: Security
Dishwasher
Kitchen
Refrigerator
Restroom: Public
Sprinkler System Fire
Smart Thermostat(s)
Building Details
Year Built
Parking Ratio
Listing Agency:
Presidio Real Estate (Commercial)
(801) 251-6683
Listed By:
Blake McDougal · License #UT 11285377-SA00
(801) 898-5411
Source:
Etzelonline
Added: Jan 16
Changed: Nov 7
Last Checked: Nov 8 at 4:37PM
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 Presidio Real Estate (Commercial)
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 8,738-square-foot office condo at 8834 S Redwood Rd includes Suites C212C215 and can be divided into two suites. The interior was built out in 2019 and features nine private offices or huddle rooms, eight phone booths, a large break room and collaboration area, and an overhead noise-cancellation system. Two on-site storage units, each 100 square feet, are included.
On-site amenities include a gym, sauna, and shower facilities. The property has an 8:1000 parking ratio.
On-site amenities include a gym, sauna, and shower facilities. The property has an 8:1000 parking ratio.
Key Highlights
- 8,738‑square‑foot office condo configured across Suites C212C215
- Layout can be divided into two suites
- Two on‑site storage units, each 100 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,486
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,489,720
$2.5M
Cap Rate 7%
$1,778,371
$1.8M
Cap Rate 9%
$1,383,178
$1.4M
Market Conditions
NOI Build-Up for 8,738 SF
Gross rent
$191.9K $21.96/SF
− Vacancy
−$25.9K −$2.96/SF
EGI
$166.0K $19.00/SF
− OpEx
−$41.5K −$4.75/SF
NOI
$124.5K $14.25/SF
Area
West Jordan, UT
Vacancy
13.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,489,720
Cap Rate 7%
$1,778,371
Cap Rate 9%
$1,383,178
Alternative Uses
Best Use
Office B
$1.78M
$1.56M – $2.07M
NOI $124,486 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,561 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 84088, UT
37,856
Population
13,277
Households
2.9
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
4,027
Density / Sq Mi
$100,532
Median Household Income
$46,304
Median Earnings
$1,554
Median Rent
$443,400
Median Home Value
Market
Properties on Market for Office Units in Salt Lake County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A configurable office layout includes private work areas, collaboration space, and on-site wellness amenities.
Where is this office unit located?
The property is located at 8834 S Redwood Rd #212 West Jordan, 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: 8,738‑square‑foot office condo configured across Suites C212C215; Layout can be divided into two suites; Two on‑site storage units, each 100 square feet
