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Property profile & analytics
OFF-MARKET Estimated value $660,000
Commercial land

1605 Foothill Dr Salt Lake City, UT 84108-2742

25,793 SF 0.94 ac lot Built 1963
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US86-0130630
Property summary
AI-generated overview

This exceptional retail property, located at 1605 South Foothill Drive in Salt Lake City, Utah, presents a unique investment opportunity. The 7,825 square foot building sits on a 1.56-acre lot and offers a versatile space ideal for a variety of retail uses. Currently, 4,060 square feet is available for lease, providing ample room for expansion or a new business venture. Built in 1962, this two-story structure is situated in Salt Lake County, zip code 84108, and benefits from high visibility and convenient access. The property is classified as a multi-tenant storefront and anchorless strip center, offering flexibility for various business models. The location provides excellent exposure to significant foot traffic and vehicular access. This is a chance to establish a presence in a well-established area of Salt Lake City. The property's size and layout offer considerable potential for customization to meet specific business needs. Serious inquiries are encouraged to explore this promising retail space. The property's address is easily accessible and well-suited for both customers and employees. This is a rare opportunity to secure a substantial retail space in a desirable Salt Lake City location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,793 SF
Lot 0.94 ac (40,946 SF)
Zoning code CB
APN 16-15-258-021
UPID US86-0130630
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
Current use
Occupant on record · Public records
  • ATM (American Food Mart) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k
Owner & transaction history
State Of Ut Div Of Facilities Const · 1 yrs held
State Of Ut Div Of Facilities Const
since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2024
Price N/A
2024
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
CB · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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