Add Listing
    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

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    COMMERCIAL - West Valley City, UT

    Type:Retail
    Lot size:
    0.64 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 9 at 4:06 pm

    Property Features for 1606 W 3500 Hwy S unit C

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    1

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Garry F Garrett

    Listing agent Garry F Garrett

    Listing office Realtypath LLC (Home and Family) 350 S 400 W, Sandy, UT

    Listing date Feb 2, 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.

    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

    • Sponsored
      Contact for pricing

      UT, West Valley City - 5600 W

      2819 5600, West Valley City, UT 84120
      View Details
    • $15/mo

      Versatile Space with M Zoning

      Adaptable space with high visibility, parking, and convenient highway access.
      2125 South 3200 West, WEST VALLEY CITY, UT 84119
      View Details
    • $17/mo

      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
    • Contact for pricing

      Office Suite in Decker Lake

      Second floor office suite with views and abundant parking.
      1743 W Alexander St, West Valley City, UT 84119
      View Details
    • $27/mo

      Medical Office Space Available

      Shell condition medical office space adjacent to medical center.
      4133 Pioneer Parkway, Ste 110, West Valley City, UT 84120
      View Details
    • $0.59/mo

      Metro Business Park II Location

      Located in thriving business park near TRAX stop and airport.
      1288 W 2240 S, West Valley City, UT 84119
      View Details
    • $16/mo

      West Valley City Office Space

      Centrally located office spaces with easy freeway and TRAX access.
      1600 West 2200 South, West Valley City, UT 84119
      View Details
    • $22/mo

      West Valley City Office Space

      2,500 SF office space for lease near I-215.
      3260 - 3280 South 900 West, West Valley City, UT 84119
      View Details
    • $27/mo

      Medical Office Space Available

      Medical office space in shell condition, ready for build-out.
      4133 Pioneer Parkway, Ste 110, West Valley City, UT 84120
      View Details
    • $17/mo

      West Valley City Office Space

      Office space with fitness center, easy access to transportation.
      2875 Decker Lake Dr, West Valley City, UT
      View Details
    • $29/mo

      Retail Space on South 5600

      Retail spaces available for lease with high visibility.
      2933 S 5600 W, West Valley City, UT
      View Details
    • Contact for pricing

      West Valley Flex Space Available

      Flex space with office and fenced yard for lease.
      2370 Decker Lake Boulevard, West Valley City, UT, 84119
      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) 792-5098
    We can help!
    Listing Contact
    Garry F Garrett
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!