Property profile

411 W 7200 S Midvale, UT 84047

FOR LEASE
Investment properties
Property ID
US86-0349372
19,552 SF 0.63 ac lot Built 1979
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Midvale, Utah office building, located at 411 W 7200 S, offers a prime location just off the 7200 South exit, boasting excellent visibility. The property, built in 1979 and extensively renovated in 2023, comprises a single three-story building totaling 19,500 square feet, situated on a 0.63-acre lot. Currently, there is one available suite measuring 322 square feet, perfect for executive professionals or small businesses. The building is classified as Class B and features nine total suites, with a minimum divisible space of 322 square feet and a maximum contiguous space of 322 square feet. Amenities include ample parking with 45 spaces and a single elevator for convenient access to all three floors. The property's versatile design caters to various office needs, including executive, coworking, medical, and creative office spaces. Its convenient location off I-15 ensures easy access and excellent connectivity. The quiet atmosphere provides a productive work environment. This affordable option presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in Salt Lake County, Utah, zip code 84047.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,552 SF
Lot 0.63 ac (27,443 SF)
Zoning code C3
APN 21-25-176-004
UPID US86-0349372

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Consultant Financial Planner
  • Housing Development
  • Medical Clinic
  • Insurance Agency

Location

411 W 7200 S Midvale, UT 84047
Midvale metro Census 112404 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$906k
Blend (final) Blend
$725k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2021
Price N/A
2000
Price N/A
1996
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 · Midvale, UT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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