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    208 2100 Salt Lake City, UT 84116

    Sponsored
    For Sale
    $7,100,000

    Prime Salt Lake City office building, owner-user opportunity.

    Property size:
    40,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Eastwing Plaza II, located at 208 N 2100 W in Salt Lake City, Utah, presents a compelling investment or owner-user opportunity. This three-story, Class B office building, constructed in 2008, offers 40,500 square feet of net rentable space within a single building situated on a 1.85-acre lot. The property is zoned TSA-MUEC and boasts a compelling asking price of $7,100,000, representing a 6.65% cap rate. The building's multi-tenant configuration provides flexibility for various business models. The land value, calculated at $175.31 per square foot, underscores the property's significant potential. This traditional office building offers a substantial footprint in a desirable Salt Lake City location, making it an attractive prospect for both investors seeking a strong return and businesses looking for a well-established space to call their own. The zip code is 84116, and the property is offered for sale by owner. This presents a rare opportunity to acquire a significant commercial property in a thriving market.

    Property Features for 208 2100

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    40,500 SF
    Class
    B
    Lot Size
    80,586 SF

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Mountainstar Healthcare Call Center Lightstream Communications Telecommunications Amazing Car Rental ... Car Rental Agency Lightstream Managed Services Computer Security Service HCA Mountain Division ... Computer Support And Services

    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
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9502226
    Latitude
    40.7749757

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Salt Lake City office building, owner-user opportunity.
    Where is this office property / space located?
    The property is located at 208 2100 Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $7,100,000.
    (801) 947-8336
    Request Owner's contact information
    208 2100 Salt Lake City, UT 84116
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    Salt Lake City, UT 84116
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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
    208 2100 Salt Lake City, UT 84116
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