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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8706 700th Eb202 Sandy, UT 84070-1807

    • Medical offices
    • 1,032 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimations
    $260,000
    Show details
    Cap Rate Potential
    4.1%
    Medical offices
    Location Intelligence
    Property ID
    US86-0211590
    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

    • Canyons Family Dental Sandy / Dental Hygienist / Dental Implants Periodontist
    • Callahan Duane D DDS / Dentist
    • Kyler, Kohler, Ostermiller, & Sorensen, LLP / Estate Planning Attorney
    • Burt Law Firm / Law Firm / Bankruptcy Service
    • Z Stim / Alternative Medicine Practitioner

    Property Details for 8706 700th Eb202

    Year built
    2006
    Construction
    WOOD FRAME
    Lot size
    0.01 lot acres
    Property size
    1,032 SF
    Zone code
    C-N
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    28-06-232-037
    APU
    2806232037

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $235,000
      6.5%
      $215,000
      7%
      $200,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.873
    Latitude
    40.5934
    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
    2023
    $3,800
    $115,600
    $269,800
    $385,400
    -
    $115,600
    $269,800
    $385,400

    Comparable in this City

    • Value Estimation
      $235,000
      1,105 SF

      8706 700th Eb203

      MEDICAL BUILDING • 1,105 SF
      8706 700th Eb203, Sandy, UT 84070-1807
      View Details
    • Value Estimation
      $280,000
      1,354 SF

      8706 700th Eb206

      MEDICAL BUILDING • 1,354 SF
      8706 700th Eb206, Sandy, UT 84070-1807
      View Details
    • Value Estimation
      $270,000
      155 SF

      8706 700th E2b

      MEDICAL BUILDING • 155 SF
      8706 700th E2b, Sandy, UT 84070-1807
      View Details
    • Value Estimation
      $275,000
      120 SF

      8706 700th E1a

      MEDICAL BUILDING • 120 SF
      8706 700th E1a, Sandy, UT 84070-1807
      View Details
    • Value Estimation
      $425,000
      4,041 SF

      9924 700th E

      MEDICAL BUILDING • 4,041 SF
      9924 700th E, Sandy, UT 84070-3901
      View Details
    • Value Estimation
      $400,000
      7,897 SF

      641 9000th S

      MEDICAL BUILDING • 7,897 SF
      641 9000th S, Sandy, UT 84070-2580
      View Details

    Similar Nearby for Sale

    • $275,000
      1,078 SF

      East Sandy 55+ Condo

      Second-floor condo in active 55+ community with mountain views.
      11035 S Grapevine Cv, Sandy, UT 84070
      View Details
    • $1,275,000
      0.41 Acres

      Professionally Designed Executive Office Building

      Executive office suites in a prime, high-visibility location.
      8494 S 700 E, Sandy, UT 84070
      View Details
    • $850,000
      4,270 SF

      Stand-Alone Office Building For Sale

      4,270 SF office building, divisible, with parking.
      9537 S 700 E, Sandy, UT 84070
      View Details
    • $2,750,000
      9,878 SF

      New Office Building For Sale

      New office building in mixed-use development area, warm shell.
      8327 S State St, Sandy, UT 84070
      View Details
    • $2,900,000
      9,878 SF

      Sandy, UT Office/Retail Building

      9,878 SF Multi-Tenant Opportunity
      8327 State St, Sandy, UT 84070
      View Details
    • $8,000,000
      1.56 Acres

      Sandy Office Building - Prime Location

      Owner-user opportunity with strong rental income.
      8851 Sandy Pkwy Unit, Sandy, UT 84070
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      6,033 SF

      Sandy, UT Office Space for Lease

      Flexible Workspaces, Customizable Offices
      9930 300, Sandy, UT 84070
      View Details
    • $26 SF/Yr
      108,026 SF

      Sandy Office Space for Lease

      Class A Office Suites, Sandy, Utah
      10011 Centennial Pkwy, Sandy, UT 84070
      View Details
    • $58 SF/Yr
      750 SF

      Medical/Office Space For Rent

      Up to 750 SF medical/office space in prime location.
      9035 S 700 E, Sandy, UT 84070
      View Details
    • $19 SF/Yr
      100,000 SF

      Danbury Corporate Park Offices

      Sandy, UT Executive Suites Available
      8851-8871 Sandy Pkwy, Sandy, UT 84070
      View Details
    • Contact for pricing
      131,703 SF

      Sandy Parkway Executive Office

      131,703 SF Office Building - For Sale/Lease
      8475 Sandy Pkwy, Sandy, UT 84070
      View Details
    • $250,000
      436 SF

      Sandy Office Condo For Rent

      Second floor office condo with new carpet and paint.
      9672 S 700 E, Sandy, UT 84070
      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.
    8706 700th Eb202
    Sandy, UT 84070-1807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    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.