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    FOR SALE
    Medical Office Space

    462 E 100 S, Salt Lake City, UT 84111

    4,330 SF 0.17 ac lot Built 1952
    Individually Owned ~ Est. High Equity
    Property ID
    US86-0488709
    462 E 100 S, Salt Lake City, UT 84111 For Sale
    $850,000 4,330 SF
    462 E 100 S, Salt Lake City, UT 84111
    View Listing →
    Property summary
    AI-generated overview

    This exceptional executive office building, located at 462 E 100 S in Salt Lake City, Utah, presents a unique investment opportunity. The property boasts 4,450 square feet of office space, priced at $1,100,000, or $247.19 per square foot. Situated on a 0.17-acre lot, the building offers excellent visibility from 100 South. The RMU (Residential/Mixed-Use) zoning allows for a building height of up to 75 feet, presenting potential for future expansion or redevelopment. Ample parking is provided with 9 available stalls. The property's location in Salt Lake City, Utah, zip code 84111, offers convenient access to major transportation routes and amenities. The land itself is valued at $145 per square foot, adding to the overall investment appeal. This is a rare opportunity to acquire a well-located, established executive office building with significant potential in a thriving urban environment. The building's size and zoning provide flexibility for a variety of uses, making it an attractive option for both investors and owner-occupiers. Don't miss this chance to own a piece of Salt Lake City's vibrant commercial landscape.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1952
    Construction WOOD FRAME
    Total area 4,330 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code R-MU
    APN 16-06-206-014
    UPID US86-0488709
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mortensen Spencer D OD Physician
    • Spencer David Mortensen Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $535k
    Blend (final) Blend
    $595k
    Owner & transaction history
    Pradeep Gurung
    Pradeep Gurung
    since 2026
    2 recorded transactions
    2026
    2020
    Zoning & alternative use
    R-MU · Salt Lake City, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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