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    Property profile & analytics

    79 Main St Salt Lake City, UT 84111

    • Banks
    • 70,420 SF
    • 0.14 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US86-0410407
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Farmland Reserve / Investment Company
    • George S. and Dolores Doré Eccles Foundation / Foundation
    • Cache Valley Bank Salt Lake City Branch / Financial Institution
    • Wells Fargo Advisors / Investment Service
    • Lake Park Corporate Centre / Tourist Attraction / Corporate Office

    Property Details for 79 Main St

    Year built
    1919
    Construction
    STEEL FRAME
    Lot size
    0.14 lot acres
    Property size
    70,420 SF
    Zone code
    D1
    Property type
    Banks
    APN
    16-06-101-027
    APU
    1606101027

    Description

    This iconic 14-story, Class A office building, located at 79 S Main St, Salt Lake City, UT 84111, offers 63,461 square feet of executive office space. Originally built in 1919 and extensively renovated in 2022, the building boasts a prime location in the heart of Salt Lake City's Central Business District, directly adjacent to City Creek Center. Tenants enjoy convenient access to covered parking, the City Creek Center's unique amenities (including a retractable glass roof, food court, creek, and pedestrian sky bridge), and over 100 national stores and restaurants. Multiple tenancies are available, with a minimum divisible space of 3,941 square feet and a maximum contiguous space of 4,326 square feet. Currently, 41,818 square feet is vacant. The building features elevators. This is a rare opportunity to lease space in a historically significant, beautifully restored building in an unparalleled downtown location. The property's central location provides easy access to major transportation routes and other key city amenities. This is an exceptional opportunity for businesses seeking a prestigious and convenient address in the heart of Salt Lake City.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.891
    Latitude
    40.7674
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $132,076
    $613,500
    $12,746,400
    $13,359,900
    -
    $613,500
    $12,746,400
    $13,359,900

    Comparable in this City

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      475 200th S

      FINANCIAL BUILDING • 22,716 SF
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    • Value Estimation
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      381 Broadway

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      26,027 SF

      735 State St

      FINANCIAL BUILDING • 26,027 SF
      735 State St, Salt Lake City, UT 84111-3821
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    79 Main St
    Salt Lake City, UT 84111
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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
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