268 400th S Salt Lake City, UT 84101-1823
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
D2 · Salt Lake City, UTSalt Lake City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.