Individually Owned 
For Sale
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Property summary
This exceptional 3,250-square-foot retail property in South Salt Lake, Utah, is available for $2,250,000, offering a 5.00% cap rate. Situated on a highly visible, signalized corner lot spanning 0.82 acres, this vacant building presents a unique opportunity for owner-occupancy or investment. Previously occupied by US Bank, the versatile space is suitable for a variety of uses, including restaurants, quick-service establishments, other banking institutions, or general retail. The property boasts a convenient drive-through and benefits from its location on 300 West, a rapidly developing area with significant ongoing construction and redevelopment. Its proximity to I-80 and I-15 provides easy access to downtown Salt Lake City, the new Salt Lake City International Airport, and nearby ski resorts (approximately 45 minutes away). The area's strong demographics include numerous newly constructed multi-family residences and diverse mixed-use businesses, ensuring a robust customer base. The substantial lot size offers ample space for expansion or future development. This is an ideal opportunity to acquire a high-visibility property in a thriving location with excellent potential for growth and return on investment. The property is located at 2714 S 300 W, South Salt Lake, UT 84115.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the South Salt Lake market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · South Salt Lake, UTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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