3480 Highland Dr Salt Lake City, UT 84106-3358
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.
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Knight Construction Group Inc Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-M · Salt Lake City, UTSalt Lake City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.