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Property profile & analytics
OFF-MARKET Estimated value $1,250,000
Investment properties

1020 Atherton Dr Salt Lake City, UT 84123-3470

21,398 SF 2.86 ac lot Built 1978
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US86-0544826
Property summary
AI-generated overview

This exceptional seven-story Class C medical office building, situated in Salt Lake County's Central Valley West submarket, presents a unique leasing opportunity. The property, known as Atherton 1020, boasts a total of 21,398 square feet, with 16,135 square feet currently vacant and available for lease. Multiple tenancy options are available, with a minimum divisible space of 3,126 square feet and a maximum contiguous space of 3,375 square feet, ideal for a variety of medical practices or professional services. Built in 1978, the building sits on a sizable 1.6-acre lot and offers ample parking with a ratio of 3 spaces per 1000 square feet. The property's location within the thriving Central Valley West submarket provides excellent access to major transportation routes and a strong patient/client base. This is an outstanding chance to secure high-quality, adaptable medical office space in a desirable location. The building's substantial vacant space allows for customization and tenant build-out to meet specific needs. Inquire today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1978
Construction WOOD FRAME
Total area 21,398 SF
Lot 2.86 ac (124,582 SF)
Zoning code M-1
APN 21-02-376-004
UPID US86-0544826
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.25M
Owner & transaction history
Tfh Atherton LLC · 2 yrs held
Tfh Atherton LLC
since 2024
6 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2014
Price N/A
2007
Price N/A
1997
Price N/A
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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