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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Medical Office Space
5801 Fashion Blvd Salt Lake City, UT 84107-6159
Entity Owned
2-yr Hold
Free & Clear
Property ID
US86-0687236
Property summary
AI-generated overview
This exceptional office space, located at 5801 South Fashion Boulevard, Suite 200 in Murray, Utah, 84107, offers a flexible layout ideal for various business needs. The 1,201 square foot building features six private offices, with a minimum divisible space of 100 square feet and up to 1,201 square feet available contiguously. Currently, 800 square feet are vacant and ready for immediate occupancy. This full-service lease includes utilities, internet access, janitorial services, and monitored building security, along with free parking. Furniture is available, and prominent monument and building signage opportunities exist. The property is perfectly situated for medical professionals, boasting easy freeway access via I-15, adjacency to TOSH Orthopedic Hospital, and close proximity to Fashion Place Mall. Numerous restaurants and retail amenities are conveniently located nearby. This is a fantastic opportunity to establish a presence in a thriving and accessible location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Total area
26,312 SF
Lot
1.94 ac (84,506 SF)
Zoning code
R-1-8
APN
22-18-329-054
UPID
US86-0687236
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
-
aftercare Hospital
-
Utah Dr. Daniel W. Ormsby, DDS Dental Office
-
Ormsby Dental Dental Office
-
surgical center Dental Office
-
Denise Boelens, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
New Cingular Wireless Pcs LLC · 2 yrs held
New Cingular Wireless Pcs LLC
since 2024
4 recorded transactions
Zoning & alternative use
R-1-8 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,000
Assessed 2023
Previous assessed
$1,000
+0.0% YoY
Assessed land
$500
Assessed improvement
$500
Land market value
$500
Improvement market value
$500
Total market value
$1,000
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Cooling
YES
Stories
2
Units
15
Total area
26,312 SF
Lot
1.94 ac (84,506 SF)
Zoning code
R-1-8
APN
22-18-329-054
UPID
US86-0687236
Jurisdiction
SALT LAKE
Zoning & alternative use
R-1-8 · Salt Lake City, UT
Zoning R-1-8 · permitted uses
R-1-8 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Cooling
Yes
Stories
2
Units
15
Lot
1.94 ac
Current owner
From public records · entity-resolved
New Cingular Wireless Pcs LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1025 LENOX PARK BLVD, BROOKHAVEN, GA 30319-5309
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
—
New Cingular Wireless Pcs LLC
Mid Valley Medical Owners Assocatio
Lease
—
Feb 21, 2023
—
Shobna Garg
Red Tent Enterprises LLC
Warranty Deed
—
Feb 14, 2023
—
Red Tent Enterprises LLC
Mid Valley Holding LLC
Deed
related
—
Mar 24, 2017
—
U-bar Land & Livestock LLC
U Bar Land & Livestock LLC
Quitclaim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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