613-623 Fort Union Blvd Midvale, UT 84047
- Office Properties & Spaces
- 1,017 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 613-623 Fort Union Blvd
- Property size
- 1,017 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midvale
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.874
- Latitude
- 40.6211
