24 1100Salt Lake City, UT 84102

Property Details for 24 1100

Year built

1989

Construction

CONCRETE

Lot size

0.60 AC

Property size (Sq ft)

50,397 SF

Zone code

UI

Property type

Medical offices

Property subtype

Medical centers

APN

16-05-201-006

APU

1605201006

Description

This exceptional three-story medical office building, located at 24 1100 E, Salt Lake City, UT 84102, offers 46,708 square feet of Class B space. Built in 1989, the property is zoned UI and features one elevator serving its three floors. Multiple tenancy options are available, with spaces ranging from a minimum of 957 square feet to a maximum contiguous space of 5,159 square feet. The building provides ample parking, with a ratio of 5 spaces per 1,000 square feet. This presents a unique opportunity for medical professionals seeking established space in a thriving Salt Lake City location. The property's convenient location and ample parking make it an attractive option for patients and staff alike. The building's existing infrastructure and flexible space options allow for a variety of medical practices to easily establish themselves. The property's APN is 16-05-201-006-0000. This is a rare opportunity to secure prime medical office space in a desirable Salt Lake City location. Inquire today to learn more about the available spaces and lease terms. The building's strategic location offers excellent visibility and accessibility. The property is well-maintained and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $13,313,506

  6.5%

  $12,289,390

  7%

  $11,411,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,097,039

  Geo Method

  $10,097,039

• Alternative Use

  Use

  Valuation

  Residential

  $15,238,844

  Hospitality

  $13,958,699

  Educational

  $11,613,474

  Medical

  $12,012,879

  Retail

  $18,065,404

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7689

Longitude

-111.86

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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