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    345 South Brg Salt Lake City, UT 84102

    Sponsored
    For Sale
    $6,350,000

    Prime Office Building, 17,986 SF, Land Included

    Property size:
    17,986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 345 East 300 South in Salt Lake City, Utah, presents a unique investment opportunity. The 17,986 square foot office building, constructed in 1977, is a two-story Class C structure situated on a 0.63-acre lot. The asking price is $6,350,000, translating to $353.05 per square foot. Ample parking is available, with a ratio of 4.4 spaces per 1,000 square feet. The property's zoning and potential for redevelopment should be investigated by prospective buyers. The building's current configuration offers significant potential for renovation or repurposing to meet a variety of commercial needs. Its central Salt Lake City location within Salt Lake County (zip code 84102) provides excellent access to major transportation arteries and a robust business community. Detailed architectural plans and property surveys are available upon request. This property is ideal for investors seeking a strong foothold in the Salt Lake City market or developers envisioning a new project. The substantial lot size offers significant expansion possibilities. Further due diligence is recommended to fully assess the property's potential. This is a rare opportunity to acquire a well-located commercial property with significant upside.

    Property Features for 345 South Brg

    General Information

    Property type
    Land
    Square Feet
    17,986 SF
    Class
    C
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1977
    Stories
    2

    HighLights

    • 17,986 SF office building in Salt Lake City, UT.
    • $6,350,000 asking price ($353.05/SF).
    • Located in Salt Lake County (zip code 84102), near major transportation arteries.
    • Built in 1977, Class C building, two stories.
    • 0.63‑acre lot with ample parking (4.4 spaces per 1,000 SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8658015
    Latitude
    40.76049

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    FAQs

    What type of property is this?
    Land - Prime Office Building, 17,986 SF, Land Included
    Where is this land located?
    The property is located at 345 South Brg Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $6,350,000.
    What are key features of this property?
    This property features: 17,986 SF office building in Salt Lake City, UT.; $6,350,000 asking price ($353.05/SF).; Located in Salt Lake County (zip code 84102), near major transportation arteries.
    Request Owner's contact information
    345 South Brg Salt Lake City, UT 84102
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    Salt Lake City, UT 84102
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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
    345 South Brg Salt Lake City, UT 84102
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