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    2317 7800 West Jordan, UT 84088

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    For Lease
    Contact for pricing
    Lot size:
    10,200 SF

    Property Features for 2317 7800

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,200 SF
    Class
    B
    Total Rate
    22100

    Building Details

    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 2317 7800, West Jordan, UT 84088 Contact us
    Unit End Unit 6

    $31 /Mo

    Size
    1,244 SF
    Contact us
    Unit Units 2 & 5

    $26 /Mo

    Size
    1,190 SF
    Contact us
    Unit Main Level Units 1-2

    $26 /Mo

    Size
    2,380 SF
    Contact us
    Unit Second Level Build to Suit

    $26 /Mo

    Size
    3,175 SF
    Contact us

    We can help!

    Listing Contact
    Crystal Johnson
    Crystal Johnson

    Listing Agency: cRc Nationwide Listing Agent: Crystal Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    West Jordan
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9522735
    Latitude
    40.6091573

    Nearby Similar for Lease

    • Contact for pricing
      87,120 SF

      West Jordan Office Space Available

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      130,680 SF

      West Jordan Office Space Available

      Office space with break room, conference room, and parking.
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      33,977 SF

      West Jordan Industrial Opportunity

      10,048 SF industrial space in West Jordan for lease.
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    • $3,300 /Mo
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      West Jordan Retail Office Space

      Office space available in West Jordan Town Retail Center.
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    • $28 SF/Yr
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      Retail Space in West Jordan

      Neighborhood center with high visibility and abundant parking available for lease.
      3078 West 7800 South, West Jordan, UT 84088
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      West Jordan Office Space Available

      Office space for rent with easy highway access.
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    • $945 /Mo
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      New Construction Industrial Flex Space

      New construction industrial flex space with mezzanine and ground level doors.
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      44,000 SF

      West Jordan Industrial Space Available

      44,000 SF industrial space for lease in West Jordan.
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      1,160 SF

      Anchored Retail Space Available

      Retail space in Smith’s anchored shopping center for lease.
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      2,134 SF

      Retail Space Near Mountain View

      Retail space available in Smith’s anchored shopping center.
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    • Contact for pricing
      1,200 SF

      Retail Space in Smith's Center

      Retail spaces available in Smith's anchored shopping center.
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    • Contact for pricing
      2,000 SF

      West Jordan Power Center Retail

      1. 8M SF power center in West Jordan, Utah.
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      View Details

    FAQs

    Where is this retail property located?
    The property is located at 2317 7800 West Jordan, UT.
    What is the lease rate?
    The lease rate is $26-$31 SF/Yr.
    What are key features of this property?
    This property features: Newly constructed retail/office building with shell space available.; Second-floor space ranging from 1,590 to 3,175 square feet available.; Main-level spaces available: two 1,190 SF units, one 1,244 SF unit, and one 1,160 SF unit; units may be combined.
    (801) 617-1707 Call to check price and availability
    Request Owner's contact information
    2317 7800 West Jordan, UT 84088
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    West Jordan, UT 84088
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    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
    2317 7800 West Jordan, UT 84088
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Crystal Johnson
    Crystal Johnson
    Real Estate License ID: 11566965-SA00
    (801) 617-1707
    Learn more
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