Property profile

4540 Highland Dr Salt Lake City, UT 84117

OFF-MARKET
Community centers
Property ID
US86-0650649
10,500 SF 0.76 ac lot Built 2002
Entity Owned 24-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,500 SF
Lot 0.76 ac (33,106 SF)
Zoning code C-2
APN 22-04-402-053
UPID US86-0650649

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
  • Medical Clinic
  • Gym & Fitness Center
  • Gym & Fitness Center

Location

4540 Highland Dr Salt Lake City, UT 84117-4202
Salt Lake City metro Census 110800 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$679k
Blend (final) Blend
$650k

Owner & transaction history

since 2002
2 recorded transactions
2003
Price N/A
2002
Price N/A

Zoning & alternative use

C-2 · Salt Lake City, UT
Top alternative use upside
Commercial (general) $935,000 +85.8%
Auto repair, garage $835,000 +66.0%
Retail stores $625,000 +23.9%

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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