Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    11449 1000th E Sandy, UT 84094-5583

    • Medical offices
    • 18,912 SF
    • 2.01 lot acres
    OFF-MARKET
    Value Estimations
    $470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0455813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Vincent Team Orthodontics / Orthodontist / Dental Clinic
    • Alta Pain Physicians / Pain Control Clinic
    • Alta Pain Physicians Michael Chen, DO / Pain Management Physician / Sports Medicine Physician
    • Dr. J. Smith / Dentist
    • Dr. Ida Nourbakhsh / Dentist

    Property Details for 11449 1000th E

    Year built
    2018
    Lot size
    2.01 lot acres
    Property size
    18,912 SF
    Zone code
    PO
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    28-20-403-017
    APU
    2820403017

    Description

    This exceptional Sandy, Utah office building offers 4,800 square feet of versatile space, ideal for medical or general office use. Currently configured as a multi-tenant building, the property is divisible down to 2,400 square feet, providing flexibility for businesses of various sizes. Located at 11449 S 1000 E, Sandy, UT 84094, this Class B building boasts two stories and five buildings in total, offering ample parking at a generous rate of 5.7 spaces per 1,000 square feet. The property is zoned for commercial use and features ADA accessibility. Potential tenants can benefit from generous tenant improvement allowances, making it easy to customize the space to meet specific needs. The building enjoys a strong tenant base, including established medical practices such as Vincent Orthodontics, Smith Family Dental, and Alta Pain Physicians. Its convenient location provides easy access to Interstate 15 and a wealth of nearby restaurants and retail amenities. This is a rare opportunity to secure high-quality office space in a thriving Sandy community. The building is proposed as a 4,800 square foot office building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $470,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.862
    Latitude
    40.5434
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $500
    $500
    $1,000
    -
    $500
    $500
    $1,000

    Comparable in this City

    • Value Estimation
      $240,000
      25 SF

      853 9400th S203o

      MEDICAL BUILDING • 25 SF
      853 9400th S203o, Sandy, UT 84094-3655
      View Details
    • Value Estimation
      $255,000
      29 SF

      891 9400th S516i

      MEDICAL BUILDING • 29 SF
      891 9400th S516i, Sandy, UT 84094-3671
      View Details
    • Value Estimation
      $255,000
      23 SF

      891 9400th S516v

      MEDICAL BUILDING • 23 SF
      891 9400th S516v, Sandy, UT 84094-3671
      View Details
    • Value Estimation
      $245,000
      25 SF

      909 9400th S810d

      MEDICAL BUILDING • 25 SF
      909 9400th S810d, Sandy, UT 84094-5514
      View Details
    • Value Estimation
      $245,000
      25 SF

      909 9400th S813c

      MEDICAL BUILDING • 25 SF
      909 9400th S813c, Sandy, UT 84094-5514
      View Details
    • Value Estimation
      $245,000
      25 SF

      909 9400th S812h

      MEDICAL BUILDING • 25 SF
      909 9400th S812h, Sandy, UT 84094-5514
      View Details

    Similar Nearby for Sale

    • $11,250,000
      49,589 SF

      High Point Office Building, Sandy, UT

      Class A Office, 49,589 SF, Vacant
      1218 7800, Midvale, UT 84094
      View Details
    • $9,670,000
      49,589 SF

      Class-A Office Building with Parking

      Well-maintained office building with private parking in Sandy, Utah.
      1220 E 7800 S, Sandy, UT 84094
      View Details
    • $500,000
      0.01 Acres

      Professionally Designed Office Suite

      Versatile office suite in high-demand commercial area.
      750 E 9000 S, Sandy, UT 84094
      View Details
    • Contact for pricing
      0.78 Acres

      Sandy Retail Pad - Quarry Bend

      Prime 0.78-acre retail lot for sale.
      9291 Quarry Bend Dr, Sandy, UT 84094
      View Details
    • $375,000
      0.42 Acres

      Sandy Commercial Land - $375K

      0.42-acre commercial lot, ready to build.
      8955 700, Sandy, UT 84094
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      5,050 SF

      Kenner Building Office Suites in Sandy, UT

      Sandy, Utah Office Space Available Now
      8899 700, Sandy, UT 84094
      View Details
    • Contact for pricing
      1,205 SF

      Retail, Office, and Residential Space

      Mixed-use project with retail, office, and residential spaces available.
      1075 E 9400 S, Sandy, UT 84094
      View Details
    • $14 SF/Yr
      1,795 SF

      Sandy Office Space Available

      Office space for rent in Sandy, Utah, divisible suites.
      870 E 9400 S, Sandy, UT 84094
      View Details
    • $15 SF/Yr
      2,763 SF

      Sandy Office/Retail Space Available

      2,763 SF office/retail space with private entrance.
      8684-8686 S 1300 E, Sandy, UT 84094
      View Details
    • $22 SF/Yr
      1,925 SF

      Class-A Office Space Available

      Well-maintained office space with freeway access and ample parking.
      1218 E 7800 S, Sandy, UT 84094
      View Details
    • $22 SF/Yr
      47,000 SF

      High Pointe Office Suites Available

      Class-A Office Space, Multiple Suites
      1218 7800, Midvale, UT 84094
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11449 1000th E
    Sandy, UT 84094-5583
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.