Property profile

204 Ft Un Blvd Midvale, UT 84047

OFF-MARKET
Medical Office Space
Property ID
US86-1492340
12,000 SF 0.58 ac lot Built 2005
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,300 square foot Class B medical office building, constructed in 2005, presents a fantastic opportunity in the desirable Fort Union area of Midvale, Utah. Located at 204 East Fort Union Blvd, zip code 84047, this multi-tenant property sits on a 0.58-acre lot and offers immediate occupancy for 2,065 square feet of vacant space. The building's prime location provides excellent visibility and accessibility for patients and staff. The building itself is well-maintained and offers a functional layout suitable for a variety of medical practices. The available space is adaptable and ready for immediate customization to meet specific tenant needs. This is an ideal opportunity for medical professionals seeking a well-established location with ample space in a thriving community within Salt Lake County. The property's convenient access to major transportation routes ensures easy commutes for both employees and clients. Don't miss this chance to secure a prominent presence in a high-demand area. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Construction WOOD FRAME
Total area 12,000 SF
Lot 0.58 ac (25,265 SF)
Zoning code MU
APN 22-30-180-049
UPID US86-1492340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 Ft Un Blvd Midvale, UT 84047-5644
Midvale metro Census 112503 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.45M

Owner & transaction history

since 2005
7 recorded transactions
2005
Price N/A
2004
Price N/A
2004
Price N/A
2004
Price N/A
2003
Price N/A
2003
Price N/A
1969
Price N/A

Zoning & alternative use

MU · Midvale, UT
Zoning description

MU parking Corner 2 FY 25' 10' for corner lots 35' w/ 50' SF (Ord. 2024-11 § 1 (Att. A); Ord. 11-20-2001 § 2) 17-7-7.5 Architectural standards. Search Within This This section is included in your selections. All new deve…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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