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Property profile & analytics
OFF-MARKET Estimated value $10,280,000
Apartment buildings

550 300th W Salt Lake City, UT 84103-2088

351,551 SF 2.08 ac lot Built 2020
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US86-0896726
Property summary
AI-generated overview

Harvest Marmalade, located at 550 N 300 W in Salt Lake City, Utah, presents a unique opportunity for a retail or restaurant business. This 4,700 square foot space is the last remaining unit in a vibrant mixed-use development within the Marmalade neighborhood, boasting a prime location on the southeast corner of 600 North and 300 West. The property offers exceptional four-way street visibility and convenient access to I-15 via the nearby 600 North on/off ramp, ensuring high traffic volume and excellent exposure. Built in 2020, the building totals 4,699 square feet, with a minimum divisible space of 2,300 square feet and a maximum contiguous space of 2,400 square feet. The property sits on a 2.08-acre lot and benefits from a built-in customer base of 252 luxury apartment residents located above the commercial level. The space is ideally suited for a restaurant, featuring a grease trap and an exhaust line to the roof for hood venting. This is a rare chance to establish a business in a thriving, well-connected location with significant foot and vehicle traffic. The property is situated in Salt Lake County, Utah, with a zip code of 84103.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2020
Total area 351,551 SF
Lot 2.08 ac (90,605 SF)
Zoning code R-MU
APN 08-36-205-047
UPID US86-0896726
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
  • Haus Condominium Complex
  • Post House North Apartment Complex
  • Harvest Apartments Real Estate Agency
  • Level Crossing Brewing Company Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.28M
Owner & transaction history
Harvest Ut Owner LLC · 4 yrs held
Harvest Ut Owner LLC
since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A
Zoning & alternative use
R-MU · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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