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    Industrial Property with Freeway Access Title is generated by Realmo AI

    1920 S 900 W, Salt Lake City, UT

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    Versatile industrial property with warehouse and office space for sale.

    Type:INDUSTRIAL
    Property size:
    19,220 SF
    Lot size:
    0.79 Acres
    Price / SF:
    $192/SF
    Added:
    Jul 17, 2024
    Days on Market:
    709
    Last Refresh:
    May 19 at 8:28 pm

    Property Features for 1920 S 900 W

    General Information

    Standard status
    Active
    Size
    19,220 SF
    Lot size
    0.79 Acres
    Property subtype
    INDUSTRIAL

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    Kody Watts
    Kody Watts

    Listing office Peak Collective Real Estate

    Listing date Jul 17, 2024

    Source Moodyscre

    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 Peak Collective Real Estate

    HighLights

    • M‑1 industrial zoning allows for a range of industrial, manufacturing, and business uses.
    • 19,220 sq ft property on .79 acres with a mix of warehouse and office space.
    • Three 14x12 ft roll‑up overhead doors, 3‑phase power with 1,200 amp service, and 18 ft ceiling clearance in the warehouse.
    • Convenient freeway access for seamless transportation logistics.
    • Fully fenced parking lot that can also be used as yard space.
    • Offices built out with a conference room and reception area, with the flexibility to remove office space for more warehouse area.

    Overview

    This industrial property, located at 1920 S 900 W in Salt Lake City, UT, offers approximately 19,220 square feet of space on a 0.79-acre lot. The property features a mix of warehouse and office space, suitable for various business operations. Its location provides convenient freeway access, facilitating transportation and logistics. Zoned M-1 industrial, the property allows for a range of industrial, manufacturing, and business uses. The property includes a fully fenced parking lot that can also serve as yard space. Inside, there are three restrooms, a conference room, built-out offices, and a reception area. The office space can be easily removed to create additional warehouse area. The warehouse is equipped with three 14x12 ft roll-up overhead doors, 3-phase power with 1,200 amp service, 18 ft ceiling clearance heights, and mezzanine space.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $412.8k $21.48
    − Vacancy −$41.3k −$2.15
    EGI $371.6k $19.33
    − OpEx −$92.9k −$4.83
    NOI $278.7k $14.50
    19,220 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.98M
    $3.48M – $4.64M (±1% cap)
    NOI $278,671 @ 7.0% cap · market cap 7.53%
    Second Best
    Flex RnD
    $3.02M
    $2.64M – $3.52M (±1% cap)
    NOI $211,382 @ 7.0% cap · market cap 5.71%
    Theoretical Best
    Office A
    $5.18M
    $4.53M – $6.04M (±1% cap)
    NOI $362,470 @ 7.0% cap · market cap 9.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allied Electric Sign ... (Bike/Boat/Book/etc) Store Uinta Overland Auto Parts Store Zacks Racks Auto Parts Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Similar Places Nearby

    • Pack N Store — 450 E 2200 S, Salt Lake City, UT 84115
    • Utah Mobile Storage — 450 E 2200 S, Salt Lake City, UT 84115
    • PortaBox Storage — 450 E 2200 S, Salt Lake City, UT 84115

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.866
    Latitude
    40.7284

    FAQs

    What type of property is this?
    Warehouse - Versatile industrial property with warehouse and office space for sale.
    Where is this warehouse located?
    The property is located at 1920 S 900 W Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: M‑1 industrial zoning allows for a range of industrial, manufacturing, and business uses.; 19,220 sq ft property on .79 acres with a mix of warehouse and office space.; **Three 14x12 ft roll‑up overhead doors, 3‑phase power with 1,200 amp service, and 18 ft ceiling clearance in the warehouse.**
    (801) 809-0914 Call to check price and availability
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