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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Medical Office Space
850 9400th S Sandy, UT 84094-3632
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0360542
Property summary
AI-generated overview
This exceptional 8,590 square foot executive office building, located at 850 E 9400 S in Sandy, Utah, presents a compelling investment opportunity. Boasting a desirable 6.05% cap rate, this property offers significant potential for strong returns. Situated on a 0.46-acre lot, the building's land value is calculated at $223.73 per square foot. The asking price for this turnkey investment is $1,950,000. The property is classified as an executive office building and is ideal for an investor seeking a stable, high-yield asset in a thriving Utah market. The address is easily accessible and situated within Salt Lake County, zip code 84094. This property is being offered for sale and represents a rare chance to acquire a well-positioned, high-performing office building in a prime location. The building's size and layout are well-suited for a variety of executive office uses, making it an attractive option for both immediate occupancy and long-term rental income generation. Detailed financial information is available upon request. Don't miss this chance to secure a valuable addition to your investment portfolio. Contact us today to schedule a showing.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,716 SF
Lot
0.46 ac (20,038 SF)
Zoning code
PO
APN
28-08-126-003
UPID
US86-0360542
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
-
Dream River Counseling Medical Clinic
-
Paul Randak Counselor
-
Restorative Health | Ketamine Infusions, Cannabis, Telemedicine Medical Clinic
-
Dr. Robert Easton Dental Office
-
Dr. William Ellingson 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
$1.01M
Owner & transaction history
Arjan Jahromi · 1 yrs held
Arjan Jahromi
since 2024
4 recorded transactions
Zoning & alternative use
PO · Sandy, 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 Sandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy 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
$115 / 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
Tax billed
$7,306
Tax year 2023
Assessed value
$741,000
Assessed 2023
Previous assessed
$741,000
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$375,700
Assessed improvement
$365,300
Land market value
$375,700
Improvement market value
$365,300
Total market value
$741,000
Applied tax rate
35.0000
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
5
Total area
8,716 SF
Lot
0.46 ac (20,038 SF)
Zoning code
PO
APN
28-08-126-003
UPID
US86-0360542
Jurisdiction
SALT LAKE
Zoning & alternative use
PO · Sandy, UT
Zoning PO · permitted uses
PO · Sandy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
5
Lot
0.46 ac
Current owner
From public records · entity-resolved
Arjan Jahromi
Individual
Free & Clear · 1 yrs held
Mailing address
175 E PO BOX 488TH N, PROVIDENCE, UT 84332-0488
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Mar 23, 2026
—
Arjan Jahromi
—
Deed
related
$2,000,000 · Fortis Bank
Dec 17, 2024
—
Arjan Jahromi
Steven R Misener
Warranty Deed
—
Mar 17, 1995
—
Elmer Rinderknecht
Worsley,steven A
Grant Deed
related
—
—
—
Elmer Rinderknecht
—
Deed Of Trust
related
$151,260 · Zions First National Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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