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Property profile & analytics
OFF-MARKET
Investment properties

3480 Highland Dr Salt Lake City, UT 84106-3358

1,682 SF 0.2 ac lot Built 1948
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US86-0231877
Property summary
AI-generated overview

This exceptional 0.2-acre commercial property located at 3480 S Highland Dr, Millcreek, UT 84106, presents a unique investment opportunity. Situated in Salt Lake County, this land parcel boasts a substantial 1,682 square foot building, ideal for a variety of commercial uses. The property's zoning is designated R-M, offering flexibility for potential development or redevelopment. Ample parking is available with 15 designated stalls, ensuring convenient access for employees and customers. The property's prime location in Salt Lake City provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a well-established area with high foot traffic potential. The existing building provides immediate occupancy potential, allowing for a swift return on investment. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Utah market. The 0.2-acre lot size offers potential for expansion or future development, subject to local zoning regulations. Serious inquiries are encouraged to explore the full potential of this valuable asset. Detailed site plans and zoning information are available upon request. This property is being offered as-is.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1948
Construction WOOD FRAME
Total area 1,682 SF
Lot 0.2 ac (8,712 SF)
Zoning code R-M
APN 16-33-105-019
UPID US86-0231877
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
  • Knight Construction Group Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Canyon View Federal Credit Union · 1 yrs held
Canyon View Federal Credit Union
since 2025
6 recorded transactions
2025
Price N/A
2014
Price N/A
2003
Price N/A
2001
Price N/A
2000
Price N/A
1996
Price N/A
Zoning & alternative use
R-M · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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