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    Property profile & analytics

    3520 Highland Dr Salt Lake City, UT 84106-3211

    • Assisted living facilities
    • 16,923 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $735,000
    Location Intelligence
    Property ID
    US86-0587751
    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.

    Current Use by Public Records

    • Millcreek Health Center / Nursing Home
    • Millcreek Rehabilitation and Nursing / Nursing Home

    Property Details for 3520 Highland Dr

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property size
    16,923 SF
    Zone code
    RM
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    16-33-106-009
    APU
    1633106009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $740,000

    • CAP approach

      CAP return
      Estimation
      6%
      $795,000
      6.5%
      $850,000
      7%
      $865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $735,000
      Geo Method
      $820,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $850,000
      Mixed-Use
      $910,000
      Hospitality
      $800,000
      Educational
      $780,000
      Residential Income
      $815,000
      Energy
      $915,000
      Income-Based Land
      $690,000
      Food Service
      $800,000

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.85
    Latitude
    40.6949
    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
    $18,852
    $1,017,690
    $1,811,690
    $2,829,380
    -
    $1,017,690
    $1,811,690
    $2,829,380

    Comparable in this City

    • Value Estimation by Request
      25,693 SF

      950 3300th S

      HOMES (RETIRED, NURSING) • 25,693 SF
      950 3300th S, Salt Lake City, UT 84106-2141
      View Details
    • Value Estimation
      $365,000
      4,680 SF

      880 3375th S

      HOMES (RETIRED, NURSING) • 4,680 SF
      880 3375th S, Salt Lake City, UT 84106-1536
      View Details
    • Value Estimation by Request
      41,414 SF

      3750 Highland Dr

      HOMES (RETIRED, NURSING) • 41,414 SF
      3750 Highland Dr, Salt Lake City, UT 84106-3206
      View Details
    • Value Estimation by Request
      5,209 SF

      2487 700th E

      HOMES (RETIRED, NURSING) • 5,209 SF
      2487 700th E, Salt Lake City, UT 84106-1722
      View Details
    • Value Estimation by Request
      31,000 SF

      3855 700th E

      HOMES (RETIRED, NURSING) • 31,000 SF
      3855 700th E, Salt Lake City, UT 84106-1157
      View Details
    • Value Estimation by Request
      80,320 SF

      3802 700th E

      HOMES (RETIRED, NURSING) • 80,320 SF
      3802 700th E, Salt Lake City, UT 84106-1182
      View Details

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    Similar Nearby for Lease

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      Salt Lake City Office Space Available

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    • Contact for pricing
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      View Details

    Property Visit Statistics

    • Visits by month
      1.1k
    • Visitors by month
      832
    • Avg Time on site
      53 min
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    Salt Lake City, UT 84106-3211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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