613-623 Fort Union Blvd, Midvale, UT 84047
This exceptional Midvale, Utah executive office building presents a compelling investment opportunity. Located at 613-623 E. Fort Union Blvd, 84047, this single-story property boasts 1,017 square feet of well-appointed office space. The asking price is $305,100, representing a price per square foot of $300. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $19,021, translating to an attractive 6.23% capitalization rate. This makes it an ideal investment for those seeking a solid return. Potential financing options include a $244,080 loan with a 7.125% annual interest rate, amortized over 25 years (300 payments) at a monthly payment of $1,744.62, assuming a 20% down payment of $61,020. The property is situated in Salt Lake County, Utah, offering convenient access to major transportation routes and amenities. This is a rare opportunity to acquire a high-performing executive office building in a desirable location. Serious inquiries are encouraged.
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.