7708 700 Sandy, UT 84047
This exceptional commercial property in Sandy, UT, offers a unique investment opportunity. The 5,626 square-foot office building, constructed in 1977, sits on a 0.63-acre lot in a high-traffic area, directly across from Harmons grocery store and conveniently located off Fort Union Boulevard. The property boasts excellent visibility and accessibility, with ample parking. The existing building features 13 individual offices, several bullpen areas, and pre-installed infrastructure for a phone system, making it ideal for various professional uses, including medical or corporate offices. Previously used as a call center, the building offers flexible space adaptable to diverse needs. The property's zoning (Commercial Neighborhood) allows for significant development potential, with approved uses including commercial, retail, and office spaces. Building height restrictions permit structures up to 40 feet, allowing for the construction of approximately 15,000+ square feet of new space. An adjacent 0.3-acre lot is also available for purchase, expanding the total acreage to 0.93 acres. The seller is offering the building for $1,495,000, the adjacent lot for $500,000, or both for $1,995,000. This presents a compelling opportunity for investors seeking a well-located, developable commercial property with substantial upside potential.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.