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    270 600 Salt Lake City, UT 84101

    For Sale
    $4,500,000

    Prime Salt Lake City warehouse, excellent development potential.

    Property size:
    4,950 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    325
    This exceptional industrial property, located at 270 W 600 S in Salt Lake City, Utah, presents a compelling investment opportunity. The property consists of two single-story buildings totaling 4,950 square feet on a 16,117 square foot corner lot, zoned D-1. The asking price is $4,500,000, translating to $909.09 per square foot. The property boasts a Net Operating Income (NOI) of $81,600. It offers 16 parking spaces and is currently available vacant, although a below-market lease is in place with a tenant if desired. A separately owned billboard with an easement on the parking lot is available for an additional $1.2 million; the billboard currently generates $2,700 per month in rental income on a month-to-month lease. A clean Phase 1 environmental report and a partial Phase 2 are available upon request. This property is ideal for owner-occupiers or developers seeking a prime location in the heart of downtown Salt Lake City. The property's address is 270 West 600 South, Salt Lake City, UT 84101, with APN numbers 15-01-453-007-0000 and 15-01-453-005-0000. The lease type is Net Net Plus (NN+).

    Property Features for 270 600

    General Information

    Property type
    Distribution properties
    Square Feet
    4,950 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • $4,500,000 asking price for this industrial warehouse property.
    • 4,950 square feet on a 16,117 square foot lot in Salt Lake City, UT.
    • Located at 270 W 600 S, Salt Lake City, UT 84101.
    • NN+ lease type, currently vacant or with below‑market tenant in place.
    • Features two one‑story buildings with 16 parking spaces and D‑1 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AAMCO Transmissions & Total ... Transmission Shop

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8990114
    Latitude
    40.7566488

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    FAQs

    What type of property is this?
    Distribution property - Prime Salt Lake City warehouse, excellent development potential.
    Where is this distribution property located?
    The property is located at 270 600 Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price for this industrial warehouse property.; 4,950 square feet on a 16,117 square foot lot in Salt Lake City, UT.; Located at 270 W 600 S, Salt Lake City, UT 84101.
    Request Owner's contact information
    270 600 Salt Lake City, UT 84101
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    Salt Lake City, UT 84101
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    Realmo Value Estimation

    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.

    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.

    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
    270 600 Salt Lake City, UT 84101
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