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FOR SALE
Investment properties
10542 S Jordan Gtwy South Jordan, UT 84095
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-1212093
For Sale
1 / 2
$11,739,360
10542 S Jordan Gtwy, South Jordan, UT 84095
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Property summary
AI-generated overview
This exceptional Class A office building, Vibe Parkway, offers 50,028 square feet of executive office space in the desirable Sandy South Towne submarket of South Jordan, Utah. Located at 10542 S Jordan Gateway, 84095, this three-story building boasts two suites, with a minimum divisible space of 5,929 square feet and a maximum contiguous space of 17,457 square feet. Currently, 23,386 square feet of space is available. Built in 1999, the property sits on a 2.39-acre lot and provides ample parking with a ratio of 5.7 spaces per 1,000 square feet. The building features convenient access to I-15 Freeway and is within walking distance of the UTA FrontRunner, offering excellent commuting options. A bus route to the TRAX station is also nearby. Enjoy the benefit of central location to numerous restaurants, hotels, and retail amenities. High-speed fiber optic connectivity is provided by CenturyLink. Monument signage opportunities are also available for enhanced visibility. This is a prime opportunity for businesses seeking modern, well-located executive office space in a thriving area.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1999
Total area
50,028 SF
Lot
2.38 ac (103,673 SF)
Zoning code
C-F
APN
27-13-178-015
UPID
US86-1212093
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.21M
Blend (final)
Blend
$5.96M
Owner & transaction history
PARKWAY TOWER LLC
PARKWAY TOWER LLC
Zoning & alternative use
C-F · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.5M
+4.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Jordan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,185,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,485,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$5.96M
Range $5.36M – $6.56M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$76,027
Tax year 2023
Assessed value
$7,474,100
Assessed 2023
Previous assessed
$7,474,100
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$2,476,400
Assessed improvement
$4,997,700
Land market value
$2,476,400
Improvement market value
$4,997,700
Total market value
$7,474,100
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1999
Heating
HOT WATER
Buildings
2
Stories
1
Units
8
Total area
50,028 SF
Lot
2.38 ac (103,673 SF)
Zoning code
C-F
APN
27-13-178-015
UPID
US86-1212093
Jurisdiction
SALT LAKE
Zoning & alternative use
C-F · South Jordan, UT
Zoning C-F · permitted uses
C-F · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.5M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
HOT WATER
Stories
1
Buildings
2
Units
8
Lot
2.38 ac
Current owner
From public records · entity-resolved
PARKWAY TOWER LLC
Entity
Free & Clear · 0 yrs held
Mailing address
175 S MAIN ST STE #610, SALT LAKE CITY, UT 84111-1966
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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