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Property profile & analytics
OFF-MARKET Estimated value $3,725,000
Investment properties

8851 Sandy Pkwy Sandy, UT 84070-6438

32,000 SF 1.56 ac lot Built 1997
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US86-0482704
Property summary
AI-generated overview

This exceptional 29,870 square foot, Class B office building, located at 8851 Sandy Parkway in Sandy, Utah, presents a compelling owner-user opportunity. Built in 1997, this two-story building sits on a 1.56-acre lot and boasts a desirable multi-tenant configuration. The property features floor-to-ceiling glass windows, providing ample natural light. With a convenient location offering unparalleled access to I-15 at 9000 South, this property benefits from exceptional visibility and easy commutes. The building includes 6,246 and 14,353 square feet currently available for owner occupancy. Fiber optic connectivity is available, ensuring seamless communication and high-speed internet access. The property offers a generous parking ratio of 4 spaces per 1,000 square feet. The permitted zoning is CR-PUD, making it ideally suited for a variety of uses, including medical and dental offices. The asking price is $8,000,000, translating to a land value of $267.83 per square foot. This is a rare opportunity to acquire a well-located, versatile office building in a thriving Utah market. The property is situated in Salt Lake County, Utah, with a zip code of 84070.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 32,000 SF
Lot 1.56 ac (67,954 SF)
Zoning code CR-PUD
APN 27-01-176-013
UPID US86-0482704
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
  • Western Reporting Financial Advisor
  • XO Communications Telecommunications Service Data Center
  • ARKHIO Construction Company General Contractor
  • Clearsource Telecommunications Service Tech Support Center
  • ClearSource Telecommunications Service Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.18M
Blend (final) Blend
$3.73M
Owner & transaction history
Beacon Danbury Corporate LLC · 5 yrs held
Beacon Danbury Corporate LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
1969
Price N/A
Zoning & alternative use
CR-PUD · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $5.5M +20.4%
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