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    1890 3850 Salt Lake City, UT 84104

    Sponsored
    For Sale
    $10,000,000

    Prime Office Building, 57,330 SF, $10M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a substantial 57,330-square-foot office building ideally situated in Salt Lake City, Utah. Located at 1890 S 3850 W, 84104, this property boasts a prime location, offering convenient access to Bangerter Highway and proximity to Salt Lake City International Airport and downtown, both within a 10-minute drive. The building features two floors, each encompassing 28,665 square feet, and is equipped with two elevators for efficient vertical transportation. Ample parking is provided with 118 spaces. The interior includes two large conference rooms, each capable of seating 26 people, and six full-size bathrooms, plus one shower. The property also includes a generous 8' x 8' ground-level loading door, catering to logistical needs. The building's robust electrical system features 480V and 2600 Amps. The M-1 zoning allows for flexibility and potential expansion, making this a highly attractive investment prospect. The asking price for this remarkable property is $10,000,000. This is a rare opportunity to acquire a well-maintained, strategically located office building with significant potential for growth and return on investment.

    Property Features for 1890 3850

    General Information

    Property type
    Office Properties & Spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Spiral Pipe ... Sheet Metal Contractor Groundworks Recording Recording Studio Sport Endurance, Inc Manufacturer space paste Coworking Space Construction News, Media ... Marketing Agency

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Skin Care Clinic 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
    -111.9848203
    Latitude
    40.7294889

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Building, 57,330 SF, $10M
    Where is this office property / space located?
    The property is located at 1890 3850 Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $10,000,000.
    (801) 619-2707
    Request Owner's contact information
    1890 3850 Salt Lake City, UT 84104
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    Salt Lake City, UT 84104
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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
    1890 3850 Salt Lake City, UT 84104
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