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Property profile & analytics
OFF-MARKET Estimated value $1,235,000
Medical Office Space

268 400th S Salt Lake City, UT 84101-1823

22,395 SF 0.1 ac lot Built 1979
Entity Owned ~ Est. High Equity
Property ID
US86-0890262
Property summary
AI-generated overview

This exceptional 14,930 square foot Class C medical office building, located at 268 W 400 S in Salt Lake City, Utah, 84101, is offered for sale at $3,250,000. Currently configured as a fully functional dental practice, this high-profile building boasts upscale improvements and the rare amenity of secure on-site parking. Situated on the 400 South arterial, it enjoys immediate access to numerous downtown amenities and services, including the Delta Center, Salt Palace, Abravanel Hall, City Creek, Gateway, and Temple Square. Its strategic location offers enhanced improvements and infrastructure, making it an attractive investment opportunity. The property benefits from its proximity to I-15 and is located within a Qualified Opportunity Zone (QOZ), presenting unique tax advantages. With downtown Salt Lake City experiencing unprecedented residential growth, including the construction of Utah's tallest building within three minutes of the property, and a revitalized sports/entertainment/arts district coupled with the anticipated completion of the redeveloped Temple Square, this building is poised for significant appreciation. The asking price is well below replacement cost, making this a compelling investment opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,395 SF
Lot 0.1 ac (4,356 SF)
Zoning code D2
APN 15-01-402-010
UPID US86-0890262
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
  • Fearless Kingdom Dental Institute Dental Office
  • Dream Dental Implant Center Dental Office
  • View Utah Realty Real Estate Agency
  • Western Research Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$1.24M
Owner & transaction history
Msh Salt Lake City I LLC
Msh Salt Lake City I LLC
since 2025
7 recorded transactions
2025
Price N/A
2015
Price N/A
2013
Price N/A
2006
Price N/A
2005
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
D2 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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