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Property profile & analytics
OFF-MARKET Estimated value $8,595,000
Office buildings

500 Market Pl Dr Centerville, UT 84014-1708

81,147 SF 4.1 ac lot Built 2012
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US86-0252553
Property summary
AI-generated overview

This exceptional sublease opportunity presents 2,395 square feet of Class A office space within the prestigious Centerville Marketplace I complex. Located in a prime position offering immediate access to I-15 and Legacy Parkway, this property provides unparalleled convenience for commuters. The building itself boasts a total of 80,708 square feet, spread across two four-story buildings, constructed in 2000. The space is part of a multi-tenant building, offering a collaborative and professional environment. Amenities are easily accessible, with the property being situated in a walkable area. The building features elevators for convenient access to all floors. Covered parking is available for tenants and their guests, providing protection from the elements. This sublease offers a fantastic chance to secure high-quality office space in a desirable location with excellent transportation links and convenient amenities. The space is ready for immediate occupancy, making it an ideal solution for businesses seeking a seamless transition. The traditional office layout provides a classic and functional workspace, perfect for a variety of business needs. This is a rare opportunity to secure a well-located, modern office space in a thriving area. Don't miss out on this chance to establish your business in a prime Centerville location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2012
Total area 81,147 SF
Lot 4.1 ac (178,552 SF)
Zoning code C-VH
APN 02-184-0004
UPID US86-0252553
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
  • APCTO Association Or Organization
  • Traveller & Co Accounting Firm Tax Preparation
  • Ensign Wealth Partners Financial Advisor
  • Lowenstein Sandler LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.12M
Blend (final) Blend
$8.60M
Owner & transaction history
Marketplace 24 LLC · 1 yrs held
Marketplace 24 LLC
since 2024
5 recorded transactions
2024
Price N/A
2023
Price N/A
2018
Price N/A
2002
Price N/A
1969
Price N/A
Zoning & alternative use
C-VH · Centerville, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $13.2M +81.9%
Restaurant $10.9M +50.3%
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