Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    623 Ft Un Blvd Midvale, UT 84047-5528

    • Investment properties
    • 19,258 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US86-0874649
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 623 Ft Un Blvd

    Year built
    2006
    Lot size
    1.53 lot acres
    Property size
    19,258 SF
    Zone code
    MU
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    22-30-232-028
    APU
    2230232028

    Description

    This exceptional investment opportunity presents a 7,128 square foot executive office building located at 623 Fort Union Blvd, Midvale, UT 84047. The property boasts a strong net operating income (NOI) of $107,632.80, translating to a desirable 5.03% capitalization rate. Priced at $2,138,400, this translates to $300 per square foot. The building consists of multiple units, specifically six units with APNs: 22-30-232-024-0000, 22-30-232-025-0000, 22-30-232-026-0000, 22-30-232-027-0000, 22-30-232-019-0000, and 22-30-232-020-0000. Situated in the vibrant and rapidly growing community of Midvale, within Salt Lake County, this property offers a compelling investment prospect in a thriving business climate. The strong tenant in place contributes to the property's consistent income stream and makes it an attractive addition to any commercial real estate portfolio. This prime Midvale location ensures easy access and high visibility, making it an ideal investment for discerning buyers seeking a stable and profitable asset.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.874
    Latitude
    40.6216
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $500
    $1,000
    $1,500
    -
    $500
    $1,000
    $1,500

    Comparable in this City

    • Value Estimation by Request
      87,796 SF

      6965 Un Ctr Park

      STORE/OFFICE (MIXED USE) • 87,796 SF
      6965 Un Ctr Park, Midvale, UT 84047
      View Details
    • Value Estimation by Request
      108,010 SF

      6975 Un Ctr Park

      STORE/OFFICE (MIXED USE) • 108,010 SF
      6975 Un Ctr Park, Midvale, UT 84047
      View Details
    • Value Estimation by Request
      16,275 SF

      191 Ft Un Blvd

      STORE/OFFICE (MIXED USE) • 16,275 SF
      191 Ft Un Blvd, Midvale, UT 84047
      View Details
    • Value Estimation by Request
      28,936 SF

      1275 Ft Un Blvd

      STORE/OFFICE (MIXED USE) • 28,936 SF
      1275 Ft Un Blvd, Midvale, UT 84047-1895
      View Details
    • Value Estimation by Request
      16,911 SF

      195 Ft Un Blvd

      STORE/OFFICE (MIXED USE) • 16,911 SF
      195 Ft Un Blvd, Midvale, UT 84047
      View Details
    • Value Estimation by Request
      33,464 SF

      6967 Riv Gate Dr

      STORE/OFFICE (MIXED USE) • 33,464 SF
      6967 Riv Gate Dr, Midvale, UT 84047-1574
      View Details

    Similar Nearby for Sale

    • $1,700,000
      7,000 SF

      Midvale Main Street Gem

      Historic Theater & Offices, 7,000 SF
      7711 Main St, Midvale, UT 84047
      View Details
    • $11,900,000
      105.00 Acres

      105-Acre Commercial Land, Tooele, UT

      Prime Tooele County land, ideal for industrial development.
      0 Ut-36, Midvale, UT 84047
      View Details
    • $1,500,000
      0.18 Acres

      Turn-Key Business Opportunity in Midvale

      Established business for sale with building, land, license, and assets.
      7654 S Main St, Midvale, UT 84047
      View Details
    • $350,000
      0.26 Acres

      Midvale Land with Home

      Large lot with central location and easy access.
      775 W Lennox St S, Midvale, UT 84047
      View Details
    • $2,500,000
      4,060 SF

      Restaurant Property in High-Traffic Area

      4,500 SF restaurant on 1.08 acres with ample parking.
      7495 S Union Park Ave, Midvale, UT 84047
      View Details
    • $249,900
      0.33 Acres

      Large Lot in Central Location

      Flat lot in desirable location with convenient access to amenities.
      210 E Greenwood Ave S, Midvale, UT 84047
      View Details

    Similar Nearby for Lease

    • $78,000
      108,900 SF

      Midvale Industrial Yard For Lease

      2.5-Acre Fenced & Paved Yard in Midvale, UT
      8201 State St, Midvale, UT 84047
      View Details
    • $26 SF/Yr
      19,500 SF

      Midvale Office Space: 322 sq ft Available

      Modern Midvale office, ideal for various businesses.
      411 7200, Midvale, UT 84047
      View Details
    • Contact for pricing
      18,692 SF

      Midvale Main Street Retail Space

      Historic Midvale retail, 1,220-4,450 SF available.
      0 Midvale Main St, Midvale, UT 84047
      View Details
    • Contact for pricing
      3,159 SF

      Midvale Retail Space For Lease

      Prime Midvale location, 3,159 sq ft.
      7650 Union Park Ave, Midvale, UT 84047
      View Details
    • $40 SF/Yr
      123,013 SF

      Midvale Retail Center Investment Opportunity

      High-traffic retail space available in Midvale, UT
      6985 Park Ctr Dr, Midvale, UT 84047
      View Details
    • $24 SF/Yr
      4,900 SF

      Midvale Retail Space: Fort Union Blvd

      1,500 SF Retail Storefront Available
      589 Fort Union Blvd, Midvale, UT 84047
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    623 Ft Un Blvd
    Midvale, UT 84047-5528
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.