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    Property profile & analytics
    OFF-MARKET Estimated value $880,000
    Medical Office Space

    34 500th E, Salt Lake City, UT 84102-1023

    21,300 SF 0.92 ac lot Built 1956
    Entity Owned Free & Clear
    Property ID
    US86-0553220
    Property summary
    AI-generated overview

    This single-story, 12,368 square foot medical office building, located in the periphery submarket of Davis County, presents a unique investment opportunity. Built in 1965, the Class C property features a multi-tenant occupancy structure with one currently available space totaling 1,026 square feet. Ideal for medical or dental practices, this space offers immediate occupancy. The building's overall size provides ample room for existing tenants and future growth. The property operates under a ground lease arrangement. The available space is well-suited for a variety of medical or dental uses, offering a chance to establish or expand a practice in a well-established area. Given its location in the periphery submarket of Davis County, the property benefits from convenient access to major transportation routes and a growing patient base. The building's single-story design ensures easy accessibility for patients and staff. The 1,026 square foot vacant space offers flexibility in layout and design to accommodate specific practice needs. This presents a compelling opportunity for a medical or dental professional seeking a well-located, readily available space in a thriving community. The existing multi-tenant environment fosters a collaborative atmosphere and shared resources. Serious inquiries are encouraged to explore this promising investment prospect. The property's size and location make it an attractive option for both established and emerging medical practices.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1956
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 21,300 SF
    Lot 0.92 ac (40,075 SF)
    Zoning code R-MU
    APN 16-06-203-001
    UPID US86-0553220
    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
    • Nelson, Taylor & Associates PLLC Law Firm
    • Simple Legal Utah - Attorney Drafted Documents Law Firm
    • Inner Balance Bodywork Alternative Medicine Practice Spa & Massage Center
    • Doc Earl Alternative Medicine Practice
    • Regan J. Archibald, LAC Alternative Medicine Practice Acupuncture
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $550k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.21M
    Blend (final) Blend
    $880k
    Owner & transaction history
    MEDICAL DENTAL PLAZA
    MEDICAL DENTAL PLAZA
    Zoning & alternative use
    R-MU · Salt Lake City, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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