Mixed-Use Office and Warehouse
For Sale
Contact for pricing
111 N Geneva Road, Vineyard, UT 84059
Two-building commercial asset combines industrial capacity with multiple office suites.
Property Size11,261 SF
Price / SF$310.81
Days on Market52
Property Features for 111 N Geneva Road
General Information
Standard status
Active
Size
11,261 SF
Property subtype
Office, Industrial
Warehouse & Industrial
Clear Height
20 ft
Clear Span
Yes
Warehouse Space
7,766 SF
Office Build-Out
3,813 SF
Mezzanine
161 SF
Drive-In Doors
7
Three-Phase Power
Yes
Building Details
Buildings
2
Listing Agency:
Colliers Salt Lake City Downtown
Listed By:
Dan Ford · License #UT 5503930-AB00
(801) 901-0303
Source:
Crexi
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 24 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers Salt Lake City Downtown
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes two commercial buildings at 111 N Geneva Road. The 11,579-square-foot warehouse contains 3,813 square feet of office area and 7,766 square feet of warehouse space, with 20-foot clear height, 3-phase power, seven ground-level doors, free-span space, and a 161-square-foot mezzanine. An apartment occupies the warehouse building’s northwest corner.
The second building provides 7,448 square feet of office space across two floors. Its first floor measures 3,724 square feet and includes one suite plus eight private executive offices. The 3,724-square-foot second floor contains three suites. Together, the buildings offer distinct warehouse, office, and apartment components within the same property.
The second building provides 7,448 square feet of office space across two floors. Its first floor measures 3,724 square feet and includes one suite plus eight private executive offices. The 3,724-square-foot second floor contains three suites. Together, the buildings offer distinct warehouse, office, and apartment components within the same property.
Key Highlights
- 11,579 SF warehouse building with 3,813 SF of office space and 7,766 SF of warehouse space
- 20' clear height, 3 phase power, and 7 ground level doors
- Free span warehouse area with a 161 SF mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,104
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,162,080
$3.2M
Cap Rate 7%
$2,258,629
$2.3M
Cap Rate 9%
$1,756,711
$1.8M
Market Conditions
NOI Build-Up for 11,261 SF
Gross rent
$270.3K $24.00/SF
− Vacancy
−$59.5K −$5.28/SF
EGI
$210.8K $18.72/SF
− OpEx
−$52.7K −$4.68/SF
NOI
$158.1K $14.04/SF
Area
Utah County, UT
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,162,080
Cap Rate 7%
$2,258,629
Cap Rate 9%
$1,756,711
Alternative Uses
Best Use
Office B
$2.26M
$1.98M – $2.64M
NOI $158,104 @ 7.0% cap · market cap 4.52%
Second Best
Warehouse
$1.56M
$1.36M – $1.81M
NOI $108,889 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$3.10M
$2.72M – $3.62M
NOI $217,292 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
7
Drive-in doors
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Explore this area
Business Placement
Demographics for 84059, UT
15,567
Population
5,325
Households
2.9
Avg Household Size
25
Median Age
49%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
2,937
Density / Sq Mi
$101,842
Median Household Income
$41,489
Median Earnings
$1,799
Median Rent
$509,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building commercial asset combines industrial capacity with multiple office suites.
Where is this mixed-use property located?
The property is located at 111 N Geneva Road Vineyard, UT.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 11,579 SF warehouse building with 3,813 SF of office space and 7,766 SF of warehouse space; 20' clear height, 3 phase power, and 7 ground level doors; Free span warehouse area with a 161 SF mezzanine
