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    12401 450 Draper, UT 84020

    For Lease
    Contact for pricing

    Move-in ready office suite in Draper.

    Lot size:
    3,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 112 sq ft executive office suite is located in a well-maintained Class B building in Draper's desirable submarket, offering convenient access to I-15. Situated on the second floor of a two-story building (built and renovated in 1997), this single-tenant space boasts new interior office doors and a shared waiting area. The 3,840 sq ft building sits on 0.27 acres and features ample parking for tenants. A shared kitchen adds convenience. The suite is ideal for a variety of professional uses, excluding massage therapy and nail technician services. The space is immediately available with a minimum one-year lease term at a monthly rent of $650. The building does not have elevators. This is a fantastic opportunity for a small business or individual professional seeking a well-located, move-in ready office space in a thriving Salt Lake County community. The building has a floor area ratio (FAR) of 0.33.

    Property Features for 12401 450

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,840 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1997/1997
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    112 SF

    HighLights

    • Draper, Utah executive office suite; 112 SF available.
    • Single‑tenant occupancy.
    • 3,840 total building square feet, Class B construction.
    • Built in 1997, renovated in 1997.
    • Two‑story building, no elevators.
    • Located in Salt Lake County, Draper submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gilson Engineering Civil Engineer Royle Counseling Counselor Advance Insurance Auto Insurance Agency Lake City Funding Mortgage Broker Ridgeline Financial Inc. Loan Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8777329
    Latitude
    40.525633

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    FAQs

    What type of property is this?
    Office Property / Space - Move-in ready office suite in Draper.
    Where is this office property / space located?
    The property is located at 12401 450 Draper, UT.
    What are key features of this property?
    This property features: Draper, Utah executive office suite; 112 SF available.; Single-tenant occupancy.; 3,840 total building square feet, Class B construction.
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    Realmo Value Estimation

    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.

    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.

    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
    12401 450 Draper, UT 84020
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