Property profile

6949 High Tech Dr Midvale, UT 84047

OFF-MARKET
Other investment properties
Property ID
US86-0486591
59,616 SF 1.84 ac lot Built 1997
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property in Midvale, Utah consists of 15,213 square feet of commercial space with approximately 3,000 square feet of warehouse area that includes an overhead door. The facility contains over 40 private offices and internal restrooms, and it is positioned with direct access to I-15. Outdoor features include a fenced patio and abundant covered parking. The building is designed to be divisible into smaller spaces (demisable), providing flexibility for multiple tenant configurations. The space is configured for office use and can accommodate related warehousing needs.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 59,616 SF
Lot 1.84 ac (80,150 SF)
Zoning code RC
APN 21-24-480-015
UPID US86-0486591

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant Drilling Contractor
  • General Contractor
  • Security Service
  • Charitable Organization Social Service Agency
  • Consultant

Location

6949 High Tech Dr Midvale, UT 84047-3705
Midvale metro Census 112404 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.86M

Owner & transaction history

since 2018
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2015
Price N/A
2014
Price N/A
2008
Price N/A
2006
Price N/A

Zoning & alternative use

RC · Midvale, UT
Zoning description

Ch. 17-7-12, Regional Commercial Zone (RC) Chapter 17-7-12 REGIONAL COMMERCIAL ZONE (RC) Search Within This This chapter is included in your selections. Sections: 17-7-12.1 Purpose. 17-7-12.2 Uses. 17-7-12.3 Development…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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