Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    1606 W 3500 Hwy S, Unit C West Valley City, UT 84119

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - West Valley City, UT

    Type:Retail
    Lot size:
    0.64 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 7 at 8:06 am

    Property Features for 1606 W 3500 Hwy S

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    15-27-452-037
    Lot size
    0.64 Acres

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Garry F Garrett

    Realtypath (801) 386-5908

    Listing agent Garry F Garrett (801) 256-9595

    Listing date Feb 4, 2026

    MLS# 2134800

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in High-Traffic Location

    This commercial property presents an opportunity for businesses seeking a location with a high traffic count. Situated moments away from the intersection of Redwood Road and 3500 South, the property offers convenient access to both I-15 and I-215. The 0.64-acre lot is located in West Valley City, Utah. The property is suitable for various retail options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    West Valley City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.949
    Latitude
    40.7018

    Nearby Similar for Lease

    • Contact for pricing
      46,609 SF

      West Valley City Office Space

      Single-story office space with flexible configurations and bright windows.
      1751 W Alexander St, West Valley City, UT 84119
      View Details
    • Contact for pricing
      31,363 SF

      West Valley City Office Suite

      Updated medical/professional office suite in West Valley City.
      4071 S 4000 W, West Valley City, UT 84120
      View Details
    • Contact for pricing
      41,382 SF

      New West Valley Commercial Space

      Under construction flex/industrial space in West Valley City, Utah.
      3076 W Decker Lake Dr, West Valley City, UT 84119
      View Details
    • Contact for pricing
      114,127 SF

      West Valley City Flex Space

      Industrial flex spaces available in West Valley City, Utah.
      5653 S 6055 W, West Valley City, UT 84118
      View Details
    • $20 SF/Yr
      34,972 SF

      Amenity-Rich Office Campus Environment

      Innovative office campus with convenient access and numerous amenities.
      2837 S Leadership Ct, West Valley City, UT
      View Details
    • Contact for pricing
      14,981 SF

      West Valley City Office Building

      Two-story office building with flexible layout and campus amenities.
      2620 South Decker Lake Blvd, West Valley City, UT 84119
      View Details
    • $17 SF/Yr
      21,250 SF

      Furnished Office Space with Generator

      Conveniently located, furnished office space with easy highway access.
      1149 W 2240 S, West Valley City, UT 84119
      View Details
    • $15 SF/Yr
      4,840 SF

      Versatile Space with M Zoning

      Adaptable space with high visibility, parking, and convenient highway access.
      2125 South West Ct West, West Valley City, UT 84119
      View Details
    • $12 SF/Yr
      6,400 SF

      Redwood Business Park: West Valley City

      Industrial Space: Multiple Units Available
      2850 Redwood Rd, West Valley City, UT 84119
      View Details
    • $25 SF/Yr
      470 SF

      Retail Spaces in West Valley

      Retail spaces available in established West Valley City trade area.
      3601 S Constitution Blvd, West Valley City, UT 84119
      View Details
    • $25 SF/Yr
      1,038 SF

      Retail Spaces in Established Trade

      Retail and restaurant spaces available in West Valley City.
      3513 S Constitution Blvd, West Valley City, UT 84119
      View Details
    • Contact for pricing
      83,221 SF

      West Valley City Warehouse Space

      83,221 SF warehouse with office space available for rent.
      6162 W Beagley Rd, West Valley City, UT
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic, easy access to freeways.
    Where is this retail space located?
    The property is located at 1606 W 3500 Hwy S, Unit C West Valley City, UT.
    What are key features of this property?
    This property features: - Super high traffic location ideal for business; - Easy access to I-15 and I-215; - Suitable for various retail options
    (801) 256-9595
    Request Owner's contact information
    1606 W 3500 Hwy S, Unit C West Valley City, UT 84119
    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.
    1606 W 3500 Hwy S, Unit C
    West Valley City, UT 84119
    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
    1606 W 3500 Hwy S, Unit C West Valley City, UT 84119
    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

    We can help!
    Listing Contact
    Garry F Garrett
    (801) 256-9595
    Learn more
    Google sign-in failed. Please try again or use another login method.