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Property profile & analytics
OFF-MARKET Estimated value $920,000
Investment properties

3135 Richmond St Salt Lake City, UT 84106-3053

17,895 SF 1.14 ac lot Built 1980
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US86-0324001
Property summary
AI-generated overview

This exceptional 5,460 square foot office space is located in Salt Lake City's Central Valley East submarket at 3135 S Richmond St, Salt Lake City, UT 84106. Situated in a Class B, multi-tenant building totaling 17,895 square feet, this traditional office space offers significant advantages. The property boasts ample free parking, providing a generous 4 stalls per 1,000 square feet. High visibility is ensured with a prominent pylon sign facing Richmond Street. The space is currently available for lease and is competitively priced at $16 per square foot, full-service. This represents a fantastic opportunity for businesses seeking a well-located, spacious, and cost-effective office solution in a thriving Salt Lake City neighborhood. The building is located in Salt Lake County. The property is classified as a traditional office space. This listing presents 5,460 square feet of immediately available space within a larger 17,895 square foot building. The building's location in the Central Valley East submarket offers easy access to key transportation routes and amenities. The attractive lease rate and abundant parking make this an exceptional value proposition. This is a rare opportunity to secure a high-profile office space in a desirable location.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1980
Construction WOOD FRAME
Total area 17,895 SF
Lot 1.14 ac (49,658 SF)
Zoning code CB
APN 16-29-429-011
UPID US86-0324001
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
  • C2 Social Service Agency
  • Sen264CareGrp Nursing Home Retirement Community
  • Bridge Dental Group Dental Office
  • Fight Against Domestic Violence Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$920k
Owner & transaction history
Brickyard Buddies Lc · 10 yrs held
Brickyard Buddies Lc
since 2016
3 recorded transactions
2016
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
CB · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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