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$395,900

3839 S HIGHLAND DR, Millcreek, UT 84106

Subtype

Office

Building SF

1,956

$/SF

$202

Lot

0.13 ac

Property Details

Property typeCommercial Sale
SubtypeOffice
Building SF1,956 sqft
Year built1939
Lot size0.13 acres
Current useOffice
Taxes (annual)$4,107
Days on market92
Listed2026-06-02T00:00:00+00:00

Description

Excellent Millcreek location with prime frontage on Highland Drive and outstanding traffic exposure. This property presents a rare value-add and redevelopment opportunity in a highly visible commercial corridor. The property is being sold AS-IS and requires substantial improvements; the asking price reflects its current condition and potential upside. Square footage is provided as a courtesy based on county records. Buyers are advised to obtain independent measurements and verify all information to their satisfaction. Buyers should consult with Millcreek City regarding zoning, permitted uses, redevelopment potential, and any applicable requirements, restrictions, or approvals. The billboard located on the property is not included in the sale. However, the billboard owner currently pays lease income to the property owner, providing an additional revenue stream.

Listed by Claudia Rendon · Royce Realty

Location

3839 S HIGHLAND DR, Millcreek, UT 84106

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

$202

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($11,189)
Effective gross income$31,969/yr
Operating expenses$11,189/yr
Derived NOI$20,780/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:04:16 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.