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    5047-5051 S Commerce Dr Salt Lake City, UT 84107

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    For Lease
    $1.40 SF/Yr

    Industrial space with convenient access to I-15 and Trax.

    Property size:
    2,284 SF
    Lot size:
    1.05 Acres

    Property Features for 5047-5051 S Commerce Dr

    General Information

    Size
    2,284 SF
    Lot size
    1.05 Acres

    Source: CBRE | Salt Lake City Agent Andy Blunt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salt Lake City Industrial Space

    This industrial space, located at 5047 - 5051 South Commerce Drive in Salt Lake City, is suitable for multiple industrial uses. It offers convenient access to I-15, situated just 0.5 miles to the south, and a Trax station located 0.3 miles to the southwest. The property is divided into two spaces: the West Space, which measures approximately 2,436 square feet including a bathroom, and the East Space, which measures approximately 2,284 square feet including a bathroom.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    To Dine For Catering, Hungry Marketplace

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8979035
    Latitude
    40.6619845

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    FAQs

    What type of property is this?
    Flex space - Industrial space with convenient access to I-15 and Trax.
    Where is this flex space located?
    The property is located at 5047-5051 S Commerce Dr Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $1.40 SF/Yr.
    What are key features of this property?
    This property features: - Convenient access to I-15 (0.5 miles); - Proximity to Trax station (0.3 miles); - Suitable for multiple industrial uses
    (801) 870-9648
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    5047-5051 S Commerce Dr Salt Lake City, UT 84107
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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
    5047-5051 S Commerce Dr Salt Lake City, UT 84107
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