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Property profile & analytics
OFF-MARKET
Medical Office Space

7487 Main St Midvale, UT 84047

Entity Owned 4-yr Hold
Property ID
US86-0211333
Property summary
AI-generated overview

This exceptional 1,897 square foot ground floor retail space is ideally situated on the corner of Main Street in Midvale, Utah, within the Corner and 6th Apartments building. The property is classified as retail, office, and restaurant space, currently configured as a single-tenant medical office. Its prime location offers unparalleled visibility and accessibility. The space benefits from significant ongoing development in the immediate area, including over 200 new apartments within a quarter-mile radius, ensuring a robust and growing customer base. The property's strategic placement directly across from the planned Main Food Truck Plaza further enhances its appeal and potential for high foot traffic. This presents a unique opportunity for businesses seeking a high-visibility location in a thriving commercial corridor. Located at 7487 S Main St, Midvale, UT 84047, in Salt Lake County, this single-tenant space offers a versatile layout suitable for a variety of uses within its permitted classifications. The property's excellent location and the surrounding development activity make it an attractive investment opportunity with strong potential for future growth and profitability.

Property profile
Verified
Property type Medical Office Space
UPID US86-0211333
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Corner & 6th LLC · 4 yrs held
Corner & 6th LLC
since 2022
6 recorded transactions
2023
Price N/A
2022
Price N/A
2021
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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