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    Property profile & analytics

    215 State St Salt Lake City, UT 84111

    • Commercial land
    • 0.31 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US86-0650260
    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

    • Philip D. Dracht, Attorney at Fabian VanCott / Law Firm
    • SP+ Parking / Parking Garage
    • First American Title Insurance Company / Title Company / Escrow Service
    • Sedgwick Claims Management Services / Loss Adjuster
    • CB Richard Ellis / Real Estate Agency / Property Management Company

    Property Details for 215 State St

    Lot size
    0.31 lot acres
    Zone code
    D-1
    Property type
    Commercial land
    APN
    16-06-154-034
    APU
    1606154034

    Description

    This exceptional 3,500 square foot retail space is located at 215 S State St in the heart of Salt Lake City, Utah. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to create a vibrant commercial hub. Situated in Salt Lake County, this property offers high visibility and accessibility, making it ideal for a variety of retail businesses. The property's address is 215 S State St, Salt Lake City, UT 84111. With its ample square footage and prime location, this property is perfectly positioned to capitalize on the bustling activity of the city center. The building's commercial zoning allows for a wide range of uses, subject to city approvals. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. This is a rare opportunity to secure a significant retail presence in a highly desirable area of Salt Lake City. The property's size and location offer exceptional potential for growth and success. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property is classified as a multi-tenant retail building.

    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
    -111.887
    Latitude
    40.7642
    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
    $9,157
    $926,300
    $0.00
    $926,300
    -
    $926,300
    $0.00
    $926,300

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      142 200th S

      VACANT COMMERCIAL LAND • 0.02 Acres
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    • Value Estimation by Request
      0.20 Acres

      19 200th S

      VACANT COMMERCIAL LAND • 0.20 Acres
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    • Value Estimation by Request
      0.01 Acres

      238 100th S

      VACANT COMMERCIAL LAND • 0.01 Acres
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    • Value Estimation by Request
      0.68 Acres

      236 Broadway

      VACANT COMMERCIAL LAND • 0.68 Acres
      236 Broadway, Salt Lake City, UT 84111-2414
      View Details
    • Value Estimation by Request
      0.02 Acres

      356 900th S

      VACANT COMMERCIAL LAND • 0.02 Acres
      356 900th S, Salt Lake City, UT 84111-4316
      View Details
    • Value Estimation by Request
      0.27 Acres

      228 State St

      VACANT COMMERCIAL LAND • 0.27 Acres
      228 State St, Salt Lake City, UT 84111-5251
      View Details

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    215 State 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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