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    3135 Richmond St Salt Lake City, UT 84106

    For Lease
    $16 SF/Yr

    Prime Office Space, 5,460 SF Available

    Lot size:
    17,895 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5,460 square foot office space is located in Salt Lake City's Central Valley East submarket at 3135 S Richmond St, Salt Lake City, UT 84106. Situated in a Class B, multi-tenant building totaling 17,895 square feet, this traditional office space offers significant advantages. The property boasts ample free parking, providing a generous 4 stalls per 1,000 square feet. High visibility is ensured with a prominent pylon sign facing Richmond Street. The space is currently available for lease and is competitively priced at $16 per square foot, full-service. This represents a fantastic opportunity for businesses seeking a well-located, spacious, and cost-effective office solution in a thriving Salt Lake City neighborhood. The building is located in Salt Lake County. The property is classified as a traditional office space. This listing presents 5,460 square feet of immediately available space within a larger 17,895 square foot building. The building's location in the Central Valley East submarket offers easy access to key transportation routes and amenities. The attractive lease rate and abundant parking make this an exceptional value proposition. This is a rare opportunity to secure a high-profile office space in a desirable location.

    Property Features for 3135 Richmond St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,895 SF
    Class
    B
    Total Rate
    23860

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,460 SF
    Rate per SF
    $16

    HighLights

    • 5,460 SF of Class B office space available for lease at $16/SF, full‑service.
    • Located at 3135 S Richmond St, Salt Lake City, UT 84106, in the Central Valley East submarket.
    • Ample free parking (4 stalls per 1,000 SF) and high visibility with pylon signage.
    • Situated in a 17,895 SF multi‑tenant building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C2 Environmental Health Service Sen264CareGrp Assisted Living Facility Bridge Dental Group Dental Clinic Fight Against Domestic ... Association / Organization

    Suggested Use

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

    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
    -111.854178
    Latitude
    40.702551

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 5,460 SF Available
    Where is this office property / space located?
    The property is located at 3135 Richmond St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 5,460 SF of Class B office space available for lease at $16/SF, full-service.; Located at 3135 S Richmond St, Salt Lake City, UT 84106, in the Central Valley East submarket.; Ample free parking (4 stalls per 1,000 SF) and high visibility with pylon signage.
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    Salt Lake City, UT 84106
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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
    3135 Richmond St Salt Lake City, UT 84106
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