West Jordan Warehouse For
For Sale
Contact for pricing
1333-1339 W 7900 S, West Jordan, UT
Warehouse property with convenient access to transit and amenities.
Property Size33,553 SF
Lot Size2.04 Acres
Price / SF$159.45
Days on Market608
Property Features for 1333-1339 W 7900 S
General Information
Standard status
Active
Size
33,553 SF
Lot size
2.04 Acres
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Salt Lake City
(801) 869-8000
Listed By:
Chris Liddell · License #6732634-SA00
(801) 869-8007
Source:
Moodyscre
Added: Jan 7, 2025
Changed: Sep 3
Last Checked: Sep 7 at 9:33AM
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 CBRE | Salt Lake City
Investment Insights
Based on property information with market context.
This warehouse property is situated between West Jordan City Center and Historic Garden Trax Stations, providing convenient access to public transit and nearby amenities. The location offers accessibility, being just 6 minutes from I-15 and 10 minutes from South Valley Regional Airport. The property features partial fire suppression, fluorescent lighting, a fenced secured site, and a grease trap. The property size is 33553 square feet.
Key Highlights
- Conveniently located between West Jordan City Center and Historic Garden Trax Stations
- Easy access to public transit and nearby amenities
- Located just 6 minutes from I‑15 and 10 minutes from South Valley Regional Airport
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$255,996
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,119,920
$5.1M
Cap Rate 7%
$3,657,086
$3.7M
Cap Rate 9%
$2,844,400
$2.8M
Market Conditions
NOI Build-Up for 33,553 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$322.1K $9.60/SF
− Vacancy
−$20.9K −$0.62/SF
EGI
$301.2K $8.98/SF
− OpEx
−$45.2K −$1.35/SF
NOI
$256.0K $7.63/SF
Area
West Jordan, UT
Vacancy
6.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,119,920
Cap Rate 7%
$3,657,086
Cap Rate 9%
$2,844,400
Alternative Uses
Best Use
Warehouse
$3.66M
$3.20M – $4.27M
NOI $255,996 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$3.01M
$2.64M – $3.51M
NOI $210,820 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$9.52M
$8.33M – $11.11M
NOI $666,456 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- All-Stor Self Storage - Utah Storage Center — 1420 W 7800 S, West Jordan, UT 84088
- King Arthur Self Storage — 1440 W 7800 S, West Jordan, UT 84088
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with convenient access to transit and amenities.
Where is this warehouse located?
The property is located at 1333-1339 W 7900 S West Jordan, UT.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: Conveniently located between West Jordan City Center and Historic Garden Trax Stations; Easy access to public transit and nearby amenities; Located just 6 minutes from I‑15 and 10 minutes from South Valley Regional Airport
