3450 Highland Dr Salt Lake City, UT 84106-3358
Property profile & analytics
3450 Highland Dr, Salt Lake City, UT 84106-3358
- Investment properties
- 32,798 SF
- 1.89 lot acres
Property ID
US86-0183033
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- University Federal Credit Union - Administration Building / Credit Union
- Global Medical / Medical Supply Store
- UFirst Credit Union - Corporate Office / Bank / Credit Union
- Convergia Inc / Electronics & Wireless Store
Property Details for 3450 Highland Dr
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.89 lot acres
- Zone code
- RM
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 16-33-105-027
- APU
- 1633105027
Description
This exceptional 32,898 square foot Class B executive office building presents a unique investment opportunity in Millcreek, Utah. Located at 3450 S Highland Dr, 84106, this vacant property sits on a sizable 1.87-acre lot and offers significant potential for owner-occupancy or continued lease income. The building underwent renovations in 2019, ensuring modern amenities and functionality. The asking price is $5,800,000, translating to $176.30 per square foot. Ample parking is provided with a ratio of 3.56 stalls per 1,000 square feet. A key advantage is the existing Verizon cell tower lease on the property, generating an annual net income of $24,969.60, with a 2% annual increase built into the agreement. The property is zoned R-M, offering flexibility for future development. A right of first refusal (ROFR) clause is in place, providing a 30-day window for consideration of any potential sale. This property is currently 100% vacant, presenting a blank canvas for a new owner to customize and maximize its potential. This is a rare opportunity to acquire a substantial office building in a desirable Salt Lake County location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,105,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,005,000
Market price range: $1.48M - $5.11M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.85
- Latitude
- 40.6962
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,802
$1,698,800
$1,769,600
$3,468,400
-
$1,698,800
$1,769,600
$3,468,400
