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Property profile & analytics
FOR LEASE
Retail space

2827 S 2300 E Salt Lake City, UT 84109

11,000 SF 0.63 ac lot Built 1949
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US86-0541549
Property summary
AI-generated overview

This exceptional 11,000-square-foot freestanding retail showroom building presents a remarkable investment opportunity in the thriving Millcreek area of Salt Lake City, Utah. Located at 2827 S 2300 E, 84109, this single-story, vacant property sits on a 0.63-acre lot and is zoned C1, offering significant flexibility for a variety of commercial uses. The building features ample parking, convenient access to major freeways, and proximity to numerous shopping and dining options. The interior includes two grade-level loading doors, two restrooms, a welcoming lobby area, and two private offices. Previously used as a dog daycare, this versatile space is ready for immediate occupancy and customization to suit your business needs. The asking price is $2,750,000, translating to $250 per square foot. This represents a compelling value in a high-demand location. The property's net lease structure provides a straightforward and efficient ownership experience. Don't miss this chance to acquire a prime retail space in a rapidly growing market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,000 SF
Lot 0.63 ac (27,443 SF)
Zoning code C-1
APN 16-27-202-002
UPID US86-0541549
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
  • Rattlesnake Alert LLC Animal Training
  • Barley's Canine Recreation Center Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$495k
Blend (final) Blend
$510k
Owner & transaction history
3bi Investments LLC · 3 yrs held
3bi Investments LLC
since 2023
3 recorded transactions
2023
Price N/A
2008
Price N/A
2007
Price N/A
Zoning & alternative use
C-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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