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    OFF-MARKET
    Medical Office Space

    1950 Ft Un Blvd, Salt Lake City, UT 84121-6894

    8,067 SF 0.45 ac lot Built 1983
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US86-0354704
    Property summary
    AI-generated overview

    This exceptional 8,100 square foot medical office building, situated in the thriving Cottonwood Heights area of Salt Lake City, Utah, presents a unique investment opportunity. Built in 1983 and boasting a Class B rating, this two-story building features a single-tenant occupancy model with 3,944 square feet currently available. The property is conveniently located at 1950 East Fort Union Boulevard, 84121, offering easy access to I-215 and a wealth of nearby amenities. Its prime location on Fort Union Boulevard, just off Highland Drive, ensures high visibility and accessibility for both patients and staff. The building includes elevators for convenient access to both floors. Ample parking is available, catering to the needs of tenants and their clients. The property has undergone recent renovations, enhancing its appeal and functionality for modern medical practices. This is an ideal space for a growing medical practice seeking a well-maintained, conveniently located, and readily accessible office space in a vibrant community. The building's single-tenant occupancy provides a streamlined and efficient operational environment. This opportunity offers a blend of established infrastructure and modern upgrades, making it a compelling choice for discerning medical professionals.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1983
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 8,067 SF
    Lot 0.45 ac (19,602 SF)
    Zoning code CR
    APN 22-21-483-013
    UPID US86-0354704
    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
    • Rocky Mountain Therapy Services Physician
    • Cory L. Britton III, PA Physician
    • Dr. Stephanie Plunkett, MD Physician
    • Rocky Mountain Therapy Services: Geurts Jerry Physician
    • Brady Liena M Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Saunders Holdings LLC · 9 yrs held
    Saunders Holdings LLC
    since 2016
    6 recorded transactions
    2016
    2005
    2002
    1995
    1994
    1969
    Zoning & alternative use
    CR · Salt Lake City, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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