737 Temple St Salt Lake City, UT 84116
This exceptional 0.35-acre land parcel, located at 737 W North Temple St in Salt Lake City, Utah, presents a unique investment opportunity. Zoned TSA-UN-C, it allows for buildings up to 75 feet high, or 105 feet with a sloped roof. The property benefits from its location within an Opportunity Zone and enjoys unparalleled access to downtown Salt Lake City and the new Salt Lake City International Airport (within a 10-minute drive or train ride). Its proximity to the I-80/I-15 interchange and the Jackson/Euclid TRAX station ensures excellent connectivity. Currently occupied by a Jiffy Lube under a triple-net lease expiring February 2029, this site is ideally positioned near the Larry H. Miller Company's Power District, a large mixed-use development. The surrounding area boasts strong demographics, with an average household income of $95,314 within a 5-mile radius and average multifamily rents of $1,659 per unit per month. This represents a significant discount compared to downtown rental rates, offering attractive affordability. The site's potential for high-density development makes it a compelling investment in a rapidly growing area. The asking price is $1,905,750. The zip code is 84116.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.