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    533 700 Salt Lake City, UT 84102

    For Sale
    $1,500,000

    Prime Salt Lake City Office Space - $1.5M

    Property size:
    3,406 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional executive office building, located at 533 S 700 E in Salt Lake City, Utah, presents a compelling investment opportunity. The property, situated on a 0.14-acre lot, boasts 3,406 square feet of well-appointed office space. Built in 1971, the building is classified as Class C and offers a unique blend of functionality and potential. The asking price is $1,500,000, translating to a price per square foot of $440.40. This represents a strong value proposition in the competitive Salt Lake City market. The property's central location in the 84102 zip code provides easy access to major transportation arteries, amenities, and a thriving business community. The substantial square footage allows for flexible configuration to suit a variety of business needs. This is an ideal opportunity for an owner-occupier or an investor seeking a solid return in a desirable urban setting. The property's existing infrastructure provides a solid foundation for immediate occupancy or future renovations to enhance its value. Serious inquiries are encouraged to explore the full potential of this well-positioned Salt Lake City office building. The property's 0.14-acre lot offers potential for future expansion or development, adding further value to this already attractive investment.

    Property Features for 533 700

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,406 SF
    Class
    C
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1971

    HighLights

    • 0.14‑acre minimum land area.
    • High‑traffic location with excellent visibility.
    • Zoned for a variety of commercial uses.
    • Strong tenant demand in the area.
    • Competitive lease rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Massage Mission Statement Massage Therapist Matrix Spa & Massage Massage Spa How Often Should ... Massage Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -111.8703894
    Latitude
    40.7575602

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Salt Lake City Office Space - $1.5M
    Where is this office property / space located?
    The property is located at 533 700 Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 0.14-acre minimum land area.; High-traffic location with excellent visibility.; Zoned for a variety of commercial uses.
    (801) 947-8363
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    533 700 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
    533 700 Salt Lake City, UT 84102
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