411 W 7200 S - Office FOR SALE


Midvale, UT 84047
$3,600,000 USD
435-485-7070
411 W 7200 S, Midvale, UT for Sale
$3,600,000 USD
Office - FOR SALE
1/7
null | 5.4% Cap Rate

411 W 7200 S
Midvale, UT 84047


HIGHLIGHTS

  • Prime Midvale location with immediate access to I-15
  • Strong visibility from 7200 South
  • 19,500 SF multi-tenant office building
  • Full-service office configuration
  • Ample on-site parking
  • Diverse tenant mix suitable for long-term stability

OVERVIEW

411 W 7200 S is a well-located office investment opportunity positioned just off the 7200 South I-15 exit in Midvale, Utah. The property benefits from excellent freeway visibility, strong access, and consistent demand for affordable professional office space in the central Salt Lake Valley. The building is comprised of clean, quiet, professional office suites suited for corporate, medical, and service-oriented tenants. The asset has been operated as a full-service office building, offering predictable expenses and stable cash flow. At the offering price of $3.6M, the property delivers $194,318 in NOI, making it an attractive option for investors seeking steady income with upside through leasing, rent growth, or operational efficiencies. The property is zoned TOD (Transit Oriented Development) under Midvale City, one of the city’s most flexible and forward-leaning zoning designations. TOD zoning allows for office, retail, mixed-use, and higher-density residential development, providing meaningful long-term optionality beyond the current income stream. On a conceptual basis, the site supports approximately 53 residential units plus a Mixed Use Element, which substantiates the current $3.6 million pricing while leaving upside for a future developer. This redevelopment potential enhances downside protection and positions the asset as both a cash-flowing investment and a strategic land play.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C3

APN/PARCEL ID

21-25-176-004-0000

ASK ABOUT THIS PROPERTY

Elliot AbelInvestment Realty AdvisorsMore Info
435-485-7070

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Elliot AbelInvestment Realty AdvisorsMore Info
435-485-7070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.