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    1776 S 900 W Salt Lake City, UT 84104

    Sponsored
    For Lease
    $3,750,000

    COMMERCIAL - Salt Lake City, UT

    Lot size:
    1.61 Acres
    Days on Market:
    46
    Last Refresh:
    Feb 12 at 3:06 am

    Property Features for 1776 S 900 W

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security
    Zoning
    Multi-Family, Commercial,
    APN
    15-14-406-010
    Interior features
    Alarm: Security, Restroom: Private, Restroom: Public
    Exterior features
    Paved Parking, Storage, Warehouse
    Lot size
    1.61 Acres

    Utilities

    Heating system
    Natural Gas, Radiant, Forced Air
    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1955
    Flooring type
    Concrete
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Breanne Mansell

    Mansell Real Estate Inc.

    Listing agent Breanne Mansell (801) 566-4010

    Listing date Dec 29, 2025

    MLS# 2117061

    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

    Four Buildings on Fenced Corner

    Available for sale or lease, this property features four buildings totaling 11,979 square feet situated on a 1.61-acre fenced corner lot. The location provides 200 feet of frontage on 900 West and 340 feet on Quayle Ave, offering immediate freeway access and multiple points of entry and exit. The property includes 1 acre of yard space. All four buildings are equipped with 3-phase 240V power and an alarm system. Building #1, a block building, spans 3675 square feet and features 480V power, a pull-through truck bay, an epoxy floor, and two overhead doors (12x12 and 12x13'6). It also includes an attached 1500 square foot office area with five offices and two bathrooms, along with a detached 1040 square foot workshop, all situated on 0.22 acres. Building #2, a metal building, offers 4000 square feet with an overhead crane and three overhead doors (12x16, 12x16, and 14x14), plus a 470 square foot interior office space with two offices and one bathroom. Building #3, another metal building, provides 1600 square feet with two overhead doors (10x12 and 10x10). Both metal buildings are located on 0.24 acres. A clean Phase 1 Environmental Report is available from October 2025. The property is zoned for Multi-Family and Commercial use. Single occupancy only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Welding and Repair General Contractor Ninth West Welding ... Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Access - Scanning, Records Storage, and Document Management, Prime Storage, Titan Cold Storage, File Center Inc, Box n Lock Storage

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.917323
    Latitude
    40.731802

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    FAQs

    What type of property is this?
    Warehouse - Four buildings totaling 11,979 SF on 1.61 acres.
    Where is this warehouse located?
    The property is located at 1776 S 900 W Salt Lake City, UT.
    What are key features of this property?
    This property features: - 11,979 SF across four buildings on 1.61 acres with 1 acre of fenced yard space.; - Excellent location with immediate freeway access and multiple points of entry/exit.; - All four buildings have 3-phase 240V power and an alarm system.
    (801) 566-4010
    Request Owner's contact information
    1776 S 900 W Salt Lake City, UT 84104
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    Salt Lake City, UT 84104
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    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
    1776 S 900 W Salt Lake City, UT 84104
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    We can help!
    Listing Contact
    Breanne Mansell
    (801) 566-4010
    Learn more
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