3702 S State St South Salt Lake, UT 84115
Property profile & analytics
3702 S State St South Salt Lake, UT 84115
- Medical Office Space
- 53,756 SF
- 4.29 lot acres
Property ID
US86-1101324
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
- Medical Office Space
Property Details for 3702 S State St
- Year built
- 2017
- Lot size
- 4.29 lot acres
- Property size
- 53,756 SF
- Zone code
- Z BUS
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 16-31-151-082
- APU
- 1631151082
Description
This exceptional 51,590 square foot Class B medical office building, constructed in 2017, is situated on a 4.35-acre lot in the Interchange submarket of South Salt Lake, Utah. The property boasts a two-story design and offers ample parking with a ratio of 4.3 spaces per 1,000 square feet. Currently, there is 1,596 square feet of vacant space available for lease, previously used as a pharmacy. The building is configured as a single suite, making it ideal for a variety of medical practices or related businesses. Its location in Salt Lake County, at 3702 S State St, 84115, provides excellent accessibility and visibility. The property's multiple tenancy structure offers flexibility, and its modern design and ample space cater to the needs of growing medical businesses. This is a rare opportunity to secure a well-maintained, strategically located medical office space in a thriving area. The building's 2017 construction ensures modern amenities and efficient layouts. The available space presents a chance to establish or expand a medical practice in a high-demand location. Interested parties should inquire about lease terms and availability.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,665,000
- 6.5%
- $11,690,000
- 7%
- $10,855,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $9,124,000
Market price range: $2.79M - $10.8M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $7,095,000 Current use
- RESTAURANT
- $7,395,000 Change: +4% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $6,440,000 Change: -9% Conversion: Easy
- RETAIL STORES
- $6,300,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Salt Lake
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.89
- Latitude
- 40.6907
- 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
$159,967
$4,157,900
$9,504,000
$13,661,900
-
$4,157,900
$9,504,000
$13,661,900
